OTA to Consider Toll Hikes Today for Major Expansion Projects (Litigation Cited)

The Oklahoman reports, “The Oklahoma Turnpike Authority will meet [today, August 23] to consider increasing tolls in three increments, totaling 17 percent. The increase is to help pay off nearly a half-billion dollars in bond debt the authority plans to incur to fund new construction.” The report adds, “Although the toll increase is on the authority’s Tuesday agenda, there’s a chance its approval could be delayed by litigation. The revenue from the increase would pay for $480 million in bonds.”