Disburse

[Sarah]

To pay out; to expend; -- usually from a public fund ortreasury.The duty of collecting and disbursing his revenues. Macaulay.Disbursing officer, an officer in any department of the publicservice who is charged with the duty of paying out public money.

[Gregory]

to pay out money, usually from an amount that has been collected for a particular purpose:

[Marquetta]

Pay out (money from a fund)