Collierville is one of six suburban municipalities slated to receive a second round of relief funding due to COVID-19.Shelby County will provide $3.4 million to the suburban municipalities.
This will be divided based on population.
Collierville’s share will be $927,900, according to Town Administrator James Lewellen.
“These additional funds are part of the original CARES Act and are subject to the same rules and regulations,” he said Monday night during the town’s Board of Mayor and Aldermen meeting.
The town received its first installment of $1.6 million in late June. The funds must be spent by December.
In March, Congress passed the CARES Act, which provides payments to states and local governments through the Coronavirus Relief Fund.
Shelby County applied for, and received, a payment from the U.S. Department of the Treasury.
The county agreed to share relief funding with municipalities like Arlington, Bartlett, Collierville, Germantown, Lakeland and Millington through an Interlocal Agreement.
Funds can only be used for “necessary expenditures incurred due to the public health emergency with respect to COVID-19.
“The Shelby County Commission also voted Monday night to approve the second installment. At just over $3 million, Bartlett has received the most funding so far.
With a population of 50,458, Collierville has received the second most funding. The total figure for municipal grants has been $9.45 million.