and use of funds. In the event a state agency has or receives appropriated or other funds to be applied to a project subject to a bond issuance, the agency may pay the funds to the Oklahoma Capitol Improvement Authority in advance of the bond issuance. The Authority shall deposit the funds in an interest-bearing account with the Office of the State Treasurer and use the funds and the interest on the funds to: 1. Pay other bond expenses of the issuance; 2. Pay for expenses related to the bond project; 3. Reduce the total bond debt service; or 4. Reduce the size of the required issuance.
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