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Meaning of “state funds” in the English Dictionary

"state funds" in Business English

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state fundsnoun [plural]

uk   us   GOVERNMENT, FINANCE
money that is ​available to a ​government to ​spend: He has said repeatedly that Russia will not use ​statefunds for ​grainpurchases.
in the US, ​money that is ​available to a ​state to ​spend: This ​proposal would ​prohibitlawmakers from using ​statefunds for out-of-state ​travel. The ​governorproposes to ​spend $14.1 ​billion in ​statefunds on ​public schools.
(Definition of state funds from the Cambridge Business English Dictionary © Cambridge University Press)
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“state funds” in Business English

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