A victory for transparency

Thanks to state Rep. Elise Hall, R-Oklahoma City, and state Sen. Josh Brecheen, R-Coalgate, the state bond advisor has added a website allowing citizens to review state bond information (www.ok.gov/bondadvisor/State_Debt/index.html). We believe this is a victory for transparency that will help inform future debates. We have urged lawmakers to use bond financing for basic government upkeep, such as the dire need for a new medical examiner’s office. What works for private citizens buying a home can work for state government addressing infrastructure needs. Bond opponents using the web site may note that Oklahoma has nearly $1.6 billion in existing net tax-supported debt, while supporters can cite Oklahoma’s healthy bond ratings and low ranking on net tax-supported debt per capita. Either way, the web site will allow for a more informed citizenry and debate. Well done.

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