Crossword Genius

State funds misused at Surrey (8)

Ross

I believe the answer is:

treasury

I'm a little stuck... Click here to teach me more about this clue!

'state funds' is the definition.
'treasury' can be an answer for 'funds' (treasury is a kind of funds). I'm not sure about the 'state' bit.

'misused at surrey' is the wordplay.
'misused' is an anagram indicator.
'at'+'surrey'='atsurrey'
'atsurrey' with letters rearranged gives 'TREASURY'.

Can you help me to learn more?

(Other definitions for treasury that I've seen before include "Place where great valuables are stored" , "Finance ministry" , "Bank" , "Its valued contents" , "Repository of government funds" .)

I've seen this clue in The Sun.
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