Every proposed ordinance and resolution considered by the Council shall include a "fiscal note" and an "equity note." "Fiscal note" means a written statement of the projected fiscal impact on Pierce County of an ordinance or resolution. The fiscal note shall state whether the ordinance or resolution is projected to increase or decrease Pierce County government revenues or expenditures. Fiscal notes shall indicate by fiscal year the total impact on Pierce County for the first two years the legislation would be in effect and shall also include a cumulative six-year forecast of the fiscal impact. Fiscal notes shall separately identify the fiscal impacts on the operating and capital budgets.