Meaning of “state funds” in the English Dictionary

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"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 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.

(Definition of “state funds” from the Cambridge Business English Dictionary © Cambridge University Press)