The Governor's Office will begin allocating the extra money beginning next fiscal year, which starts July 1.
The school currently receives about $182 million a year, according to Knox County finance director Chris Caldwell, who said the additional funding is tied to a 1 percent student enrollment increase during the 2015-16 year.
MORE: BEP budget for FY17
The governor's office is expected to allocate an additional $26 million in BEP funding to Shelby County Schools, which is a public school district in Memphis, Tenn.
The BEP makes up a good portion of the school system’s annual more than $438 million budget.
For years local officials have fought for an increase in the county’s portion from the state.
The windfall comes at a time when county and school officials have been at odds for the past few years over the school system’s funding.
Here's a list of other East Tennessee school districts receiving more than $1 million in additional BEP funding (rounded two decimal places):
- Anderson County: $1.38 million
- Blount County: $2.91 million
- Maryville City: $1.15 million
- Cocke County: $1.28 million
- Cumberland County: $1.57 million
- Grainger County: $1.23 million
- Greene County: $1.26 million
- Hamblen County: $3.71 million
- Hawkins County: $1.91 million
- Jefferson County: $2.41 million
- Monroe County: $1.36 million
- Rhea County: $1.19 million
- Scott County: $1.11 million
- Sevier County: $1.31 million