July 15, 2009 in City

Property tax initiative will be on Wash. ballot

Associated Press
 

OLYMPIA — Initiative promoter Tim Eyman’s latest smaller-government project will be on the statewide ballot this fall.

State elections officials say their check of petitions shows that Initiative 1033 has enough valid voter signatures to head to the polls.

I-1033 would cap the amount of money flowing into state, county and city general funds. Yearly increases would be tied to inflation plus population growth.

Revenue over the cap would be used to lower property taxes. Voter-approved taxes and the state’s Rainy Day Fund would not be subject to the cap.

It will be the only citizens initiative on the ballot this year. Referendum sponsors have a different deadline, later this month, to get their measures on the ballot.

© Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


There are two comments on this story. Click here to view comments >>

Get stories like this in a free daily email