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The phrase "the funds" is correct and usable in written English
It can be used when referring to money or financial resources available for a specific purpose. Example: "The funds allocated for the project will be distributed evenly among all departments."
Dictionary
the funds
noun
A sum or source of money.
Exact(59)
The funds were right.
Meanwhile, the funds were disappearing.
"It's not just the funds.
I got the funds.
NGOs welcomed the funds.
Dalglish had the funds.
The funds are not as available.
The funds aren't being disbursed properly.
The funds did not last long.
The funds have made a real difference.
But how to make the funds last?
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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