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Update: Early results on November 4 showed I-122 winning by a large margin, with about 60 percent of voters in support.

A group of campaign reform advocates in the city of Seattle has a novel solution to curb the influence of money in political elections: more money.

In less than a week, Seattle voters will decide the fate of the Honest Elections ballot initiative, otherwise known as I-122.

If passed, the initiative—engineered by a loose coalition of local progressive groups and organizers—will mail four $25 “democracy vouchers” to every Seattle voter on the first business day of an election year. The vouchers would be financed by a 10-year, $30 million property tax levy.

Voters then will have the option to allocate one or all of the vouchers to the campaign of the city official of their choice, provided that candidate has voluntarily opted into the voucher system.

The initiative’s main goals, according to proponents, are to establish an even playing field among candidates vying for office, mitigate the impact of big donors on local elections, and magnify the importance of average citizens.

An estimated , says Sarra Tekola, who works with the nonprofit Sightline Institute, one of the measure’s main backers. “This initiative helps people who have limited means actually be paid attention to, regardless of economic status—including people of color and young people.” 

With a new source of campaign revenue at stake, Tekola joins those proponents who insist the measure will force City Council members and candidates to spend additional time addressing the concerns of the layperson, which they might otherwise forego to spend time currying favor with big-money donors.

According to The Seattle Times, . As of last week, Seattle’s 18 city council candidates have cumulatively raised more than

The need to raise money to fund a successful campaign, of course, is not unique to Seattle, nor is candidates’ dependence on major donors. Nationally,

For this reason, Honest Election supporters see it as a viable model for other municipalities across the country.

“This is a very important initiative on a national level,” says longtime campaign finance reform advocate John Bonifaz of Free Speech for People.

Reform advocates should still continue to fight for a constitutional amendment to overturn Citizens United, the 2010 U.S. Supreme Court decision credited with allowing unlimited amounts of money to be spent on campaigns by corporations and labor groups via “Super PACs,” Bonifaz added. But what is happening in Seattle is a good start.

If other cities were to adopt I-122 in its entirety, they would potentially be agreeing to some of the most stringent campaign laws in the country.

Along with “democracy vouchers,” the measure addresses a number of issues, including lowering the maximum contribution an individual can make from $700 to $500, and applying spending caps on the campaigns of candidates who have opted in to the voucher program.

What may appear as a Christmas list to reform advocates is viewed as overkill by the initiative’s opponents, including Bob Mahon of No Election Vouchers, I-122’s main opposition.

“I-122 gives this misperception that we have corruption in our politics, which we don’t. The biggest concern we have is money, and the initiative does nothing to address that. In fact, it potentially could make that problem worse,” says Mahon.

Mahon, who was a member of the Seattle Ethics and Elections Commission for eight years and describes himself as a “true-blue Democrat,” says the initiative is well-intentioned, but he fears it ultimately will exacerbate what it purports to stop.

“In terms of the limit on contributions, money always finds its way into the system,” Mahon said, referring to the Citizens United case.

Mahon says that open transparency is the best remedy for big money at the local level. Only fighting for a constitutional amendment at the national level would stop the influence of Super PACs, which do not have to report their donors, he says.

Critics of the measure, including Mahon, claim that Seattle is essentially being used as a “petri dish” for an experiment in campaign finance reform. But that’s the point, supporters say.

“Cities and states can be laboratories for campaign finance regulation that may work in other places,” says Kenneth Gross, a New York lawyer who was influential in that city’s move toward a publicly funded system that “matched” the contributions small donors made to local campaigns. “If this program can constitutionally thwart the undue influence of outsized donations it should be given a try.”

With a recent poll showing that , campaign reformers will be watching to see just how Seattle’s experiment turns out.