TITLE

Oklahoma Governor Ensures Debt Service in Road Plan

AUTHOR(S)
Watts, Jim
PUB. DATE
January 2006
SOURCE
Bond Buyer;1/27/2006, Vol. 355 Issue 32307, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Oklahoma Governor Brad Henry's road plan for allocating another $250 million over 10 years to the maintenance of roads and bridges includes a pledge to fully fund debt service on about $450 million in highway bonds issued in 1998 and 2000. The Legislature appropriated $70 million for debt service on the bonds in its 2005 session. However, it did not provide for debt service beyond fiscal 2006.
ACCESSION #
19752183

 

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