2012 Washington Initiative 1240

Washington Initiative 1240 "concerns creation of a public charter school system" was an initiative that appeared on the Washington state general ballot in November 2012. Originally filed with the Washington Secretary of State on May 31, proponents and paid signature gatherers collected enough signatures to be certified for the ballot on July 25, making it one of the fastest initiatives ever to do so, at an estimated cost of more than $6 per signature. Proposed charter schools would receive public funding but not be governed by local school districts. An August 2012 financial impact study by the state Office of Financial Management estimated "an indeterminate, but non-zero, fiscal impact to local public school districts" and "known state agency implementation costs" of at least $3 million in the first five years. The initiative was approved by voters in November 2012.