A measure was on the ballot to authorize the sale of up to $315 million in general obligation bonds to pay for more than two dozen transportation projects around the state. The vote was heavily in favor with more than one-third of the vote counted.
Lawmakers approved the package last April after sprinkling it with road construction projects around the state to broaden voter appeal.
State revenue officials say the bonds constitute a manageable amount of debt for the state.
They also say that despite the market turmoil, the state should have no problem selling the bonds because its healthy cash reserves make it a good credit risk.
The bonds would pay to upgrade roads, to make emergency repairs on bridges and expand the Port of Anchorage.
Among the Southcentral projects are:
* $22.1 million to stretch Dowling Road between the Old Seward Highway and Minnesota Drive in Anchorage.
* $10 million to help fund a huge expansion of the Anchorage port.
* $20 million to improve the Seward Highway's Windy Corner.
* $22 million to rebuild Fairview Loop in Wasilla.



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