statefunds
nounUK /ˈsteɪt fʌndz/
US /ˈsteɪt fʌndz/
Money that a government keeps to pay for things everyone needs.
The statefunds paid for the new road and the public library.
RELATED WORDS
OTHER MEANINGS
2. Money set aside by a state for schools and hospitals.
Lawmakers voted to increase statefunds for rural schools.
3. Savings held by a state government for emergencies.
The governor tapped statefunds to help towns after the flood.
4. Financial resources controlled by a regional government.
Statefunds were used to build the new highway bridge.