Last week, Oklahoma City voted to pass the 2025 General Obligation (GO) bond. This $2.7 billion bond, which covers 547 projects citywide, is a bright symbol of the city’s commitment to itself. By investing in this bond, OKC residents have decided to take the next valuable step on the path toward economic longevity and prosperity.
All 11 propositions in this year’s GO bond received overwhelming approval (all with +75% support). These propositions cover a wide range of infrastructure projects and refurbishments that support the upkeep of OKC’s foundational needs, helping to ensure the city remains attractive for potential residents, businesses and investors. Of the 547 projects, 76% are considered critical infrastructure projects, investing in our basic neighborhood and community needs.
This GO bond encompasses important projects and programs that are designed to directly benefit the city, improve the health and safety of residents and optimize the positive impact of other citywide programs, like MAPS 4.
Proposition 5 of the GO Bond focuses on economic and community development, which includes an emphasis on affordable housing programs. This includes a distinct investment in strengthening our local economy, especially by supporting small businesses and creating jobs, all of which will improve resident’s quality of life. The $125 million economic development programs will complement our efforts at the Alliance for Economic Development—particularly in strategic investment initiatives, industrial site development, and affordable housing.
Supporting these infrastructure updates and economic development programs have a direct impact on our city’s ability to continue to grow and attract business. By supporting these fundamental needs, especially our street and transit infrastructure projects, we create a more sustainable future that is primed for growth. The projects included in the bond will serve as a foundation for Oklahoma City to build on as it continues its rise as a regional and potentially national leader.
The entire bond package is designed to build a long-lasting and strong future for the city. Its community-centered programs plan to work with and for the city’s residents. Oklahoma City’s enormous support of the bond package reflects our citywide commitment to ourselves and our growth-focused future.
I’m proud to see how the city rallied behind this GO bond and I’m ready to see the new opportunities brought to the city in the coming months.
Kenton Tsoodle is president of the Alliance for Economic Development of Oklahoma City.
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