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Fiscal Impacts

Tim Eyman’s I-976 would wipe out billions of dollars in funding for transit and roads over the next decade, erasing years of bipartisan progress, including major elements of the 2015 Connecting Washington package. Below are two documents prepared by nonpartisan executive and legislative staff that show the estimated fiscal impacts of I-976.

Summary Sheet

This summary sheet lists each revenue source that I-976 would repeal or gut and how much money each source raises for vitally needed investments in our state.

FEB19-976-Fiscal-Impact-Summary

Detailed Fiscal Analysis

This is the multi-agency fiscal note prepared by the Office of Financial Management (OFM) for use by the Washington State Legislature. This document runs twenty-three pages and describes how I-976 will affect not only state agencies, but local governments.

FEB19-976-Fiscal-Note