The phrase "levy funds" means to collect or impose money or taxes from individuals or organizations for a specific purpose, usually by the government or authorities. Full definition
Some clients choose to invest their contingency reserve or special levy funds separately from the brokerage in order to get a better interest rate at another financial institution or through a financial investment broker. (recbc.ca)
A new public school opening as a charter would not receive current local levy funding. (wacharterschools.org)
Most academies and local authority maintained schools are impacted by the apprenticeship levy and public sector apprenticeship target, but many are unclear of how to access apprenticeship levy funds available to them. (qaeducation.co.uk)