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The Oklahoma Turnpike Authority asked the court to approve $500 million of bonds to jumpstart funding for a $5 billion extension project.
May 24 -
The measure, which passed both legislative chambers in lopsided votes, would strip the governor of his sole ability to appoint turnpike board members.
May 12 -
The resignation comes after the bank was placed on the state treasurer's list of fossil fuel industry boycotters.
May 5 -
While the system took a hit during the COVID-19 pandemic, total traffic hit 94% of pre-pandemic levels in 2022. Traffic for the first two months of 2023 was 99% of levels in the same period of 2019.
April 25 -
Ongoing litigation and a state investigative audit could impact bonds for a $5 billion expansion even if the debt is validated by the Oklahoma Supreme Court.
April 12 -
OTA has come under increased scrutiny as it embarks on a $5 billion, bond-financed project that has been challenged in court.
March 16 -
Thirty brokerage firms overcharged for the Santa Rosa bridge bonds after relying on data vendors who provided incorrect factors to determine the price.
March 15 -
The ruling striking down Rhode Island's tolling program constrains states' efforts to solve complex infrastructure problems, the state says.
February 22 -
A controversial $5 billion bond-financed extension project spurred several bills that would alter the Oklahoma Turnpike Authority's debt and other practices.
February 21 -
An initial toll corridor would require $8.5 billion in upgrades, which would be financed by a new bond credit under a plan under consideration by Michigan lawmakers.
February 10