$350 billion in stimulus money heads to state and local governments $350 billion in stimulus money heads to state and local governments May 10, 20211:32 pm The Biden administration today distributed a breakdown on $350 billion in federal pandemic recovery money heading to state and local governments from the Treasury Department. An information sheet says the governments will have broad discretion on use, with local governments to receive the money in two equal payments, the first in May and the balance 12 months later. Advertisement Here are the city outlays: Advertisement Pulaski tops the list at $76 million, with $54 million going to Benton County and $46 million going to Washington County.