Funds to be spent on a specific activity or programs are known as

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Categorical grants are funds provided by the federal government to state or local governments for a specific purpose or program, and have specific guidelines and restrictions around how the money can be spent. Block grants, on the other hand, are funds provided for a more general purpose and give more flexibility in how the money can be used. Fiscal grants and state grants are not commonly used terms in the context of federal funding. Federal grants is a broad term that includes both categorical grants and block grants.

Funds to Be Spent on a Specific Activity or Programs