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Council approves Cycle 2 budget increase, sets new grant selection limits; ETSU requests contract extension
Summary
The council approved a $5 million per-year increase to Cycle 2 community grant awards and added screening steps and a funding cap for newly incorporated applicants; East Tennessee State University asked for a one-year contract extension for a workforce development grant.
The Tennessee Opioid Abatement Council approved a revision to the Cycle 2 community grants budget and adopted new application screening rules intended to reduce risk and encourage particular strategies.
Finance staff reported the opioid abatement trust fund's net cash on hand as $209,718,708.83 (statement current to January 2025). Staff said approximately $25 million will be available for allocation at the council's next meeting after planned commitments are reconciled. Council staff also reported that recent settlement receipts — including funds from the Kroger settlement — increased the trust fund and allowed staff to recommend raising the first-year Cycle 2 award pool by $5 million. The council voted to increase the Cycle 2 first-year award…
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