Washington municipalities adjusting to new tax limitation law.

• Position: News Briefs - Brief Article

A tax limitation measure passed by Washington voters in November is exacerbating the budget woes of the state's municipalities. Seattle officials estimate that Initiative 747, which limits property tax increases to 1 percent, will cost the city $8 million in the first year of its implementation. The city recently implemented a hiring freeze and is considering service reductions as it grapples with next year's budget. Meanwhile, the author of the tax limitation measure...