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210K HBD is the maximum budget, not the amount actually paid out currently. There is a "return proposal" that returns a lot of the budgeted amount back to the fund. So proposals have to get voted above this "return proposal" in order to get funded and a lot of the budgeted amount is just returned back to the fund.
RE: A Look At The Decentralized Hive Fund DHF | Data On Funds Added, Payouts, Balance, and Top Accounts