TxDOT Requests More Bonding Authority From Lawmakers

Albanese, Elizabeth
July 2006
Bond Buyer;7/19/2006, Vol. 357 Issue 32426, p3
Trade Publication
The article reports on the effort of the Texas Transportation Commission (TTC) in requesting the state legislature for an increase in bond financing for transportation projects in the state. The commission has requested that toll road debt issuance exceed $800 million per year and a new authorization of $100 million in funding per year. TTC chairman Ric Williamson explained that the additional funding is needed to assist the state in financing needed mobility projects.


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