State officials today plan to sell $730 million in bonds to help finance a major highway project in west Alabama.

The state plans to use a significant portion of its revenue from the 2019 gas tax increase to pay down the bond debt over about two decades, to the frustration of some state lawmakers who question pledging so much of the money to one project.

The bond sale was reported by the publication Bond Buyer and confirmed by the Alabama Department of Finance on Wednesday.

“The Alabama Highway Authority will secure funding to finance the planning, design, and construction of the West Alabama Corridor project, which is widening the existing two-lane highway to a four-lane highway from Thomasville to Moundville, Alabama,” the finance department said to Alabama Daily News is response to

See Full Page