Mississippi Will Receive $1.25 Billion in Federal Funding from the Cares

JACKSON, MS (Ben Caxton) — Mississippi will receive $1.25 billion in federal funding from the CARES act and $27 million is allocated to state and local governments. Governor Tate Reeves has repeatedly said the funds cannot make up for budget shortfalls at either the state or local level but will ensure Mississippi students have access to the tools necessary to participate in distance learning as well as assist additional small businesses to keep employees on the payroll, develop skills training programs for those who have been displaced by the virus, help pay for unbudgeted expenses in Mississippi’s unemployment system and assist local governments that have incurred unplanned expenses.