Originally published September 11, 2009 at 4:14 AM | Page modified September 11, 2009 at 8:26 AM
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Eyman asks judge to change I-1033's price tag
Initiative sponsor Tim Eyman has a scheduled court date Friday in Olympia, asking a judge to change the estimated price tag for Initiative 1033.
The Associated Press
Initiative sponsor Tim Eyman has a scheduled court date Friday in Olympia, asking a judge to change the estimated price tag for Initiative 1033.
Eyman says state officials made several incorrect assumptions when they tried to calculate the fiscal impact of I-1033. The state disagrees, but it also says Eyman waited too long to file his lawsuit.
Initiative 1033 would cap the annual growth of state, county and city general funds at the rate of inflation plus population growth.
Revenue above the cap would be used to lower property taxes. Voters could also approve additional taxes over the cap.
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