gov. bill lee

Tennessee in line to receive $8.56B from latest federal relief package

Gov. Bill Lee speaks to reporters outside the War Memorial Auditorium in Nashville on Jan. 19, 2021. (Erik Schelzig, Tennessee Journal)

Tennessee is projected to receive $8.56 billion in the latest round of federal COVID-19 relief funding, according to Gov. Bill Lee’s Financial Stimulus Accountability Group. That includes $4 billion to the state, $2.26 billion to local governments, and $2.3 billion to local school districts.

The state share includes $3.82 billion for the state fiscal recovery fund and $216 million for state coronavirus capital projects.

The local fiscal recovery fund includes $941 million for cities and $1.33 billion for counties.

“These funds represent an historic opportunity to make investments in your communities,” Comptroller Jason Mumpower said in a meeting of the financial group.