- Streets: $1.35 billion.
- Parks & Recreational Facilities: $414 million.
- Drainage Control/Flood Prevention: $140 million.
- Fire Facilities: $130 million.
- Public Safety Facilities: $107 million.
- Transit & Parking System: $129 million.
- Bridges: $90 million.
- Traffic Systems: $81 million.
- Libraries & Learning Centers: $52 million.
- City Maintenance, Data & Municipal Services/Support Facilities: $47 million.
- Economic & Community Development: $175 million.
Voters have approved Oklahoma City’s (OKC) historic $2.7 billion general obligation bond, greenlighting an expansive slate of infrastructure and quality-of-life projects to reshape the city over the next decade. The package allocates about three-quarters of funding to streets, bridges and drainage, while also supporting parks, public safety facilities, transit, housing and city services.
Oklahoma is the only state in the nation that prohibits cities from using property tax revenue for operating expenses. With no alternative source of funding for capital projects, city officials said the bond was essential to launch the improvements OKC needs. Voters on Oct. 14 approved the bond, passing 11 propositions and authorizing 547 individual projects. The measure maintains the current 16-mill tax rate, while channeling debt service into capital investment rather than day-to-day operations.
This year’s bond allocations are as follows: