As required by law, the Washington State Office of Financial Management (OFM) has completed a fiscal impact statement for Tim Eyman’s I-1366, which was today certified for the November 2015 statewide ballot by Secretary of State Kim Wyman.

According to OFM’s analysis, I-1366 is an even greater threat to Washington’s future than previously believed. The 13% sales tax cut that I-1366 would impose if legislators don’t submit to Eyman’s demand for a constitutional amendment to sabotage Article II, Section 22 translates to a loss of $1.4 billion a year in 2017, the first year it would fully be in effect. It only gets worse after that.

Through 2021, Washington’s treasury would be deprived of approximately $8 billion in funding for vital public services like schools and universities.

“OFM’s fiscal impact statement for I-1366 confirms what we’ve been saying for months about I-1366: This is the most destructive, mean-spirited initiative that Tim Eyman has ever qualified for the ballot,” said Northwest Progressive Institute founder Andrew Villeneuve. “Eyman doesn’t have the votes in the Legislature to overturn the Supreme Court’s 2013 League of Education Voters decision, so he’s resorted to blackmail. And he’s taking Washington’s young people as his hostages.”

“We can see what’s at risk by looking at the state budget. The sales tax is easily our state’s largest single source of tax revenue, supplying nearly half of the money that goes into the general fund. And more than half of the general fund goes to K-12 schools, colleges, and universities.”

“Education is our single largest responsibility as a people. And, in the words of our Constitution, it is also our paramount duty. We are obligated, as a society, to make ample provision for the education of Washington’s youth.”

“”The Supreme Court has determined we have not been meeting this obligation and ordered our legislators to act. The slight progress the House and Senate have made to date towards complying with the Court’s McCleary orders is jeopardized by I-1366. Legislators just agreed on a bipartisan basis to put more money into schools and lower tuition. That carefully crafted agreement will be undone in the span of a few months if I-1366’s first scenario comes to pass,” Villeneuve said.

“And under other I-1366’s second scenario, our regressive tax code would be locked into place permanently. As few as seventeen senators – twelve percent of our entire Legislature – could kill any attempt to raise or recover revenue for our state treasury. Our founders strongly believed that decisions like these should be made by the many, not a few. We should honor and uphold the Constitution they gave us by rejecting I-1366.”

OFM’s analysis also determined that funding for implementation of I-900, Tim Eyman’s performance audits initiative from ten years ago, would be cut by Scenario 1 of I-1366. I-900 stipulated that a percentage of state sales tax revenue be dedicated to funding performance audits. Ironically, money for conducting those audits is now at risk along with the other public services that the sales tax funds.

“Tim Eyman has never been concerned with the harmful, messy consequences of his initiatives,” Villeneuve noted. “In his rush to imitate the militant tactics of Ted Cruz and U.S. House Republicans, he thoughtlessly put funding for his own initiative from ten years ago in jeopardy along with funding for education, public safety assistance to local governments, and countless other vital public services.”

“As the old adage goes, Any fool can burn down a barn, but it takes a real carpenter to build one. Tim Eyman has demonstrated he knows how to start fires, but in the span of fifteen years, he has not helped put any out, nor has he contributed to the building of a better Washington. I-1366 represents a new low for his initiative factory.”

Washingtonians have decisively rejected some pretty bad Tim Eyman initiatives in the past, but only when the case to vote no has been effectively made by people and organizations that do care about building a better Washington.

That’s why, since February, the team at NPI has been working to organize and empower Washingtonians from across the political spectrum to fight I-1366.

“We encourage everyone who wants to uphold our Constitution, protect our common wealth, and defend Washington’s values to step up and help us kick the effort to beat I-1366 into high gear,” said Villeneuve. “There’s a lot of work that needs doing between now and when ballots drop. We urge people to get involved in this campaign.”

The growing coalition against I-1366 includes the Washington Association of School Principals, League of Women Voters of Washington, the League of Education Voters, Statewide Poverty Action Network, Washington Environmental Council, Washington State Democratic Party, and many more. An evolving list of organizations opposed to I-1366 is available on the NO on I-1366 website.