DALLAS — A week after voters elsewhere in the country decided billions of dollars worth of bond issues, those in Tulsa will decide whether to issue a record $918.7 million on Tuesday.
Oklahoma elections are called for the first Tuesday in November except in odd numbered years.
The Tulsa bond program under the heading "Improve Our Tulsa" is the largest public works program in Tulsa's history and its largest single allocation to street projects.
Almost $650 million of the $918.7 million total is dedicated to transportation, including $470 million for street repairs and upgrades, $88 million for street widening, $28 million of bridge renovations, and $45 million for new buses. Another $23.4 million is allocated to new sidewalks and hike-and-bike trails.
In addition to the transportation component, the program includes $34.9 million for parks and recreation, $24 million for planning and economic development, and $10 million for upgrades at the city-county public library as a match for private donations.
Tulsa's $481 million of outstanding GO debt is rated Aa1 by Moody's Investors Service and AA by Standard & Poor's.
