DALLAS — Voters in Tulsa, Okla., approved a record $918.7 million bond package by wide margins Tuesday.
The ballot included two propositions under the proposal known as Improve Our Tulsa.
Proposition 2, which included a $563.7 million extension of a 1.1 cent sales tax, passed with about 70% approval, according to unofficial returns.
Proposition 3, providing $355 million for road construction and repair, was winning about 72% of the vote with most precincts reporting.
The bonds include the largest street repair package in history at $470 million. Other funding will go toward parks, police and fire departments and public transit.
"Tulsa voters made it clear tonight that they support continued improvement in our community," Tulsa Regional Chamber of Commerce president Mike Neal said after the bonds passed. "From the beginning, the Improve Our Tulsa campaign has been about addressing critical infrastructure and initiatives that keep Tulsa growing."
The vote came a week after voters elsewhere in the country went to the polls because Oklahoma law calls for elections in the second week of November in odd-numbered years.
Tulsa's $481 million of outstanding GO debt is rated Aa1 by Moody's Investors Service and AA by Standard & Poor's.
