Everett told the council that the firefighter’s union has voted to not support the initiative as well. Everett stated his personal opinion "this is a rigid one size fits all formula that imposes the same standard on every city and county in the state of Washington, regardless of size, infrasttructure, tax base, what have you… it’s a poorly written initiative."
The initiative seeks to limit growth in state, county and city revenues deposited into expense funds, based on annual growth in inflation and population. State officials report that I-1033 is expected to reduce general fund revenues by approximately 5.9 billion by the year 2015. Revenues that support public safety, and infrastructure would also be reduced by an estimated 694 million for counties, and 2.1 billion for cities in that time.
Supporters of the initiative say it will decrease property taxes, control levies, and limit valuation increases.