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Transportation commission extends trunk-line bond authorization for Rebuilding Michigan program to Dec. 31, 2026
State Transportation Commission · November 7, 2025
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Summary
The commission authorized a one-year extension of the resolution permitting issuance and sale of state trunk-line bonds tied to the Rebuilding Michigan program. MDOT has issued $2.8 billion in three tranches and has $706 million remaining authority under the original resolution.
The State Transportation Commission voted to extend the authorization window for state trunk-line bonds tied to the Rebuilding Michigan program, moving the resolution's expiration to Dec. 31, 2026.
Patrick McCarthy briefed the commission that MDOT has issued three tranches of trunk-line bonds…
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