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Greene County accepts $5.64 million TEMA HEAL loan to re‑lend to Greeneville Water Commission
Summary
The Greene County Commission voted to accept a $5,635,822 Tennessee Emergency Management Agency (TEMA) Helene Emergency Assistance Loan and authorized re‑lending those proceeds to the Greeneville Water Commission to support Hurricane Helene recovery work. The loan proceeds will be held in a separate capital projects account and transferred under conditions in the TEMA agreement.
The Greene County Commission voted unanimously on March 16 to accept a Tennessee Emergency Management Agency (TEMA) Helene Emergency Assistance Loan of $5,635,822 and to re‑lend the proceeds to the Greeneville Water Commission to support recovery and infrastructure work related to flooding from Hurricane Helene.
The resolution, introduced at the meeting and included in the published packet, authorizes Greene County to hold all loan proceeds in a separate capital projects account and to deposit any interest earned on the funds into Fund 171 so the money is not used for recurring operating costs. The county will re‑lend $5,635,822 to the Greeneville Water Commission under a work plan submitted as part of the HEAL application.
The loan is a zero‑interest, short‑term instrument administered by TEMA; the resolution says the county will sign agreements with any outside organizations before re‑lending funds and that all disbursements and the separation of proceeds will follow the HEAL program terms. The vote for the resolution was recorded in the minutes as unanimous.
The action places Greene County in the administrative role of pass‑through for the TEMA loan proceeds, enabling the Greeneville Water Commission to access funding for repairs and improvements the municipality identified in its application. The resolution notes the county’s intent to use the money strictly for disaster‑related recovery and to preserve the proceeds in a capital projects account until disbursed.
The commission also recorded multiple other budget amendments and small appropriations during the same meeting; the HEAL acceptance was among the larger, disaster‑related items the body approved.
What’s next: the county’s staff will execute the agreements required by TEMA and coordinate the accounting treatment for the capital projects account. The Greeneville Water Commission will then receive the re‑lent funds under the work plan described in the HEAL application.
