Aberdeen, WA - The city of Aberdeen took the same stance against Initiative 1033 as Hoquiam did earlier this week, unanimously passing a resolution apposing Initiative 1033. Mayor Bill Simpson read from the resolution prior to the unanimous decision.
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.
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