SECTION 12.01 INITIATIVE.
   The registered electors of the city shall have the power to propose ordinances to the Council. If the Council fails to adopt an ordinance so proposed, without any change in substance, the registered electors shall have the power to adopt or reject it at a city election, provided that such powers shall not extend to the operating or capital budget, appropriation of funds, levy of taxes, salaries of the city non-elected officers and employees, or contrary to this Charter or law.