Business Strategy: GO bond offers potential for growth

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Oklahoma City leaders are seeking public input for a major reinvestment in our city through a general obligation (GO) bond, slated for a vote in 2025. GO bonds are a crucial tool for sustainable funding on major infrastructure projects and this is the first GO Bond in almost a decade. It is a tremendous opportunity to continue OKC’s impressive trajectory.

While planning is in the early phases, the process has been incredibly inclusive. There has never been a better time, or an easier way, to become active in city planning. Officials are hosting public meetings all across the city, and an online interactive map resource is open, so Oklahoma City residents can express their interests or concerns and hear those of their neighbors. From well-maintained roads for our more than 600 square mile city to sidewalks and bike trails that connect neighborhoods to shopping and business districts, the impact of this initiative would change OKC for the better. These types of projects are pivotal to attracting new businesses to relocate and expand here and further contribute to our positive growth.

The 2025 GO Bond represents an opportunity for community revitalization. These investments aren’t just about maintaining what we already have—they’re about creating a safer, more connected city that can better serve businesses, families, and future generations.

This type of funding mechanism has historically provided the lowest borrowing cost among long-term bonds and is backed by highly reliable income sources such as property taxes. The package is likely to exceed $1 billion for maintenance and new infrastructure across the city, with a great emphasis on empowering the people to lead the process.

Ultimately the people will have a significant impact on which projects receive support, just like past bond votes. In 2017, voters chose 13 propositions focused on safety and roads. With nearly 10,000 lane miles across OKC, it is no small feat to maintain, and this bond vote plays a pivotal role in keeping our roads safe.

Every road and bridge improved means better access for local businesses, reduced travel times, and a more attractive environment for new companies and investors. When we invest in our infrastructure, we’re not just building for today; we’re paving the way for a thriving, economically resilient Oklahoma City. The 2025 GO Bond is a chance to strengthen our city’s future—together.

Kenton Tsoodle is president of The Alliance for Economic Development of Oklahoma City.