| |
|
Tax collections continue to exceed expectations
Tennessee's fiscal year revenue collection is now $154.6 million more than expected during the budget year's first two months. The state's September tax and fee collections show revenue exceeding monthly budget estimates by $116.6 million. "While we are encouraged by the September revenue numbers, we do have some concerns about the sustainability of our franchise and excise tax growth for the balance of thisew by $24.1 million, or 4.5 percent more than projected. The commissioner says, corporate taxes also posted growth of more than 12 percent. And that generated nearly $76 million more than estimates. year," says Finance Commissioner Larry Martin. September's revenue showed growth of 6.38 percent over last year. The state funding board projections for last year failed to anticipate tax and fee growth that resulted in a nearly $1 billion surplus.
|
Return to Today's News Stories - Front PageThursday, April 29, 2021
US 411 Project News
Mill Creek Wildfire Update
More Bad News For Smokies' Fans
Wednesday, April 28, 2021
Mill Creek Wildfire doubles in size
Goodbye Smokies?
Keep Cocke County Beautiful
Cocke Co. High School Remote Learning today!
Tuesday, April 27, 2021
The fireflies are coming!
Burnout Operations on MillCreek wildfire today
Gas prices drop
Tennessee keeps all US House seats
Monday, April 26, 2021
Boat accident victim ID'd
Traffic stop yields drug arrest
Cocke County Wildfires
Friday, April 23, 2021
Leaving WNPC
Mathis announces candidacy
Newport drug roundup
Cruise Against Cancer
Jobless numbers
|
|
|