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The phrase "amount is earmarked for" is correct and usable in written English.
It is typically used to indicate that a specific amount of money has been designated for a particular purpose or project.
Example: "The amount is earmarked for the renovation of the community center."
Alternatives: "amount is allocated for" or "amount is designated for".
Exact(2)
It points out that currently less than one percent of this amount is earmarked for infrastructure investment.
The amount is earmarked for assistance to affected populations in the East of the country, and will be disbursed through UNICEF, WPF and UNHCR.
Similar(58)
Approximately $800 million of that amount was earmarked for restoration projects in the gulf, and the remainder was paid to the federal government.
Such enforcement tools could be incorporated into other national healthcare programs to improve enforcement and prevention, and modified so that recovered amounts are earmarked for public health financing/system strengthening.
More than $2 million of that amount is earmarked by the state for pier reconstruction, he said, "and if the community opts to do nothing, we will lose that part" of the appropriation.
From that amount, $75 million is earmarked for acquisitions, almost double what Lithia has spent in the past two years.
Despite the impact of conflict on young people's schooling, the report said only a small amount of humanitarian funding is earmarked for education.
The rest, which amounts to US$35.6 million, is earmarked for Afghanistan and five nations and territories in the Middle East, including Iraq, Jordan and Lebanon affected by the Syrian conflict.
Of that amount, Ms. Huizing said, only $6 million is earmarked for preservation.
However, he can only say this because the institutional framework and the prevailing ethos make it appear the merest common sense (and absolutely no threat to the intellectual freedom of researchers) if a certain amount of the council's funding is earmarked for topics that "happen" to be on a current government's agenda.
It has become increasingly able to manipulate pipeline routes, membership of project consortia and the amount of oil and gas that is "earmarked" for each particular buyer.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com