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Friday, September 21, 2018

Tennessee revenues are up
Tennessee revenues were more than the budgeted estimates for the first month of the state’s fiscal year. Finance and Administration Commissioner Larry Martin today reported that overall August revenues were $1.05 billion, which is $71.5 million more than August 2017, and $34.4 million more than the budgeted estimates. The growth rate for all taxes in August was 7.29%. “August revenues have exceeded expectations and demonstrate the continued strength of the Tennessee economy,” Martin said. “Sale and use tax receipts, reflecting July consumer sales activity, motor vehicle registration and business tax receipts all posted growth that contributed to the state outperforming its budgeted estimate. However, franchise and excise taxes and gross receipts fell short of their respected estimates and offset some of the positive advancement. “August numbers are a positive start to Fiscal Year 2019. Given that we are in one of the longest economic expansions in history, we will continue to monitor economic activity and revenue trends.” On an accrual basis, August is the first month in the 2018-2019 fiscal year. General fund revenues were $14.4 million more than the August estimate. The four other funds that share in state tax revenues were $20 million more than the estimates. Sales tax revenues were $18.3 million more than the estimate for August. The August growth rate was 6.11%.


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Tuesday, December 11, 2018

  • Starnes arrest
  • Alexander on Corker
  • TWRA considers a deer plan
  • Jimmy Dean recall

    Monday, December 10, 2018

  • First Baptist Church fire
  • Williams arrest
  • Williams arrest
  • Christmas parade winners
  • Greene County fire fatality

    Saturday, December 08, 2018

  • Friday evening hit and run in Cocke County
  • Friday evening hit and run in Cocke County
  • Pedestrian struck on West Broadway in Newport
  • Jefferson County carjacking

    Friday, December 07, 2018

  • Shots fired at Hamblen officer
  • Jail and justice center options
  • Inmates charged with assault
  • Alexander lauds Corker

    Thursday, December 06, 2018

  • TennCare fraud is alleged
  • Couple arrested in Evans assault
  • Judge Carter Moore hears pleas
  • King arrest
  • Pennington found competent
  • Tennessee attorneys provide more free service
  • New laws effective January 1
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