If you’re interested in how a state funds K-12 districts and other education, use the State of California as an example.
https://calbudgetcenter.org/resources/california-school-funding-state-budget-process/
THREE TYPES OF STATE FUNDS
- General Fund — The state General Fund accounts for revenues that are not designated for a specific purpose.
- Special Funds — Over 500 state special funds account for taxes, fees, and licenses that are designated for a specific purpose.
- Bond Funds — State bond funds account for the receipt and disbursement of general obligation (GO) bond proceeds.
The state General Fund provides more than 95% of state spending that supports K-12 education.
Each state provides guidance on how to apply for funding. Using the State of California again as an example, here is the link: https://www.cde.ca.gov/fg/fo/fm/