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Commission reports PREP fund progress and monthly finances; agency cash balance remains positive but obligations loom
3068959 · April 21, 2025
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Summary
Commission staff reported progress on the $100 million PREP (Progressing Rural Economic Prosperity) fund and presented a monthly financial summary showing cash, encumbrances and projected year-end positions.
At the March 12 meeting the commission heard an update on the state’s $100 million Progressing Rural Economic Prosperity (PREP) fund and the agency’s monthly financial report.
Director Grayson told commissioners that work on PREP-funded projects is underway: steel is rising at the AAR hangar, taxiway construction at Ardmore is nearing completion, and Woodward projects…
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