About

Learn about Oklahoma Capitol Improvement Authority including our News & Press Releases, Projects, and Team.

Learn about Oklahoma Capitol Improvement Authority including our News & Press Releases, Projects, and Team.

Created
1959
Bond Ratings
AA-/AA-
Last Issued in
2022

The Oklahoma Capitol Improvement Authority (OCIA) was created in 1959 to provide bond funding for the construction of office buildings and other infrastructure support for various departments and agencies of the State of Oklahoma, particularly those currently leasing office space.

During its history, the Authority has funded numerous building and infrastructure improvements, including projects benefiting many state agencies, state colleges and universities, correctional facilities, and highway improvements.

The Authority issues Revenue Bonds backed by lease agreements with the various state entities. Upon extinguishment of the bond debt, the improvements remain the property of the Authority or become the property of the state entity leasing the improvement. The Authority also currently operates several state office buildings for the benefit of state agencies.

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View Team

Governor Kevin Stitt, Chairman

Lt. Governor Matt Pinnell, Vice Chairman

Treasurer Todd Russ, Secretary

Rick Rose, Member 
Executive Director of Office of Management and Enterprise Services

Charles Prater, Member
Commissioner, Oklahoma Tax Commission- Secretary Member

Tim Gatz, Member
Executive Director of Oklahoma Department of Transportation

Jeffery Cartmell, Member
Director of Oklahoma Department of Human Services 

Sterling Zearley,  Member
Executive Director of Oklahoma Department of Tourism and Recreation

View Authority Members

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