state funds Meaning in Cambridge Business English Dictionary
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Meaning of "state funds" - Business English Dictionary

state funds

noun [plural]
 
 
GOVERNMENT, FINANCE
money that is available to a government to spend: He has said repeatedly that Russia will not use state funds for grain purchases.
in the US, money that is available to a state to spend: This proposal would prohibit lawmakers from using state funds for out-of-state travel. The governor proposes to spend $14.1 billion in state funds on public schools. →  Compare federal funds
(Definition of state funds from the Cambridge Business English Dictionary © Cambridge University Press)
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