Report Shows TN’s Financial Position Improved $7.4B Last Fiscal Year
Tennessee’s Financial Position Is $7.4 Billion Better Than It Was The Year Before, According To The State’s Recently Released Annual Comprehensive Financial Report.
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Economists
Estimates Of Non-NFL Events Such As Concerts At Proposed Tennessee Titan’s Stadium Likely Inflated
A Central Point Of The Push For A New $2.1 Billion Domed Tennessee Titans Stadium Has Been The Ability To Host Year-Round Events At The New Facility But Available Events That Could Fill The 60,000 Seat Stadium May Be Lacking.
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TN Collects 1.14 Billion In October Sales Tax, Putting State $585.5M Over Revenue Estimates
The State Of Tennessee Has Collected $585.8 Million More Than Budgeted In Taxes And Fees In The First Three Months Of The Fiscal Year.
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Analysis: Who Really Pays In Tennessee’s Sports Stadium Sales Tax Zone Funding Scheme?
In Many Of The Cases, Rather Than Using Direct Funding Methods From City Or State Coffers, Tennessee Has Now Opted To Have A Portion Of Funding For The Bonds On Building Stadiums To Come From Sales Tax Zones. Those Funds Are Often Termed By Those Proposing Deals As User Fees. But Economists Say That Doesn’t Show The Full Impact.
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Memphis To Ask Tennessee Taxpayers For $350M As Part Of $684M Sports Arena Projects
The City Of Memphis Plans To Ask The State Of Tennessee To Contribute $350 Million Toward Renovation Projects At Three City-Owned Arenas And To Help Build A New Soccer-Specific Stadium For Memphis 901 FC.
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Tennessee Titans Stadium Plan To Be Vetted By Stadium Committee On Oct. 26
After Announcing A Deal To Build A New Titans Stadium That Will Cost At Least $2.1 Billion, The Next Step For Metro Nashville In The Approval Process Will Be To Present The Deal To The City’s East Bank Stadium Committee At 4:30 P.M. On Oct. 26.
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Nashville Announces Plans For New Titans Stadium Mostly Paid For By Taxpayers
Metro Nashville Announced A Deal With The Tennessee Titans To Build An Estimated $2.1 Billion New Stadium That Includes At Least $1.26 Billion In Taxpayer Funds. Of That, $500 Million Will Come Directly From The State Of Tennessee.
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Tennessee Comptroller Issues Conditional Approval Of Chattanooga Lookouts Stadium Plan
Tennessee Comptroller Jason Mumpower States That The Plans To Build The New South Broad District In Chattanooga, That Include A New Stadium For The Lookouts, Are In The Best Interest Of The State If Two Conditions Are Met.
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Federal Data Shows Job Creation Slowed In September
The U.S. Economy Added 263,000 Nonfarm Jobs Last Month, The Lowest Total New Jobs For A Month All Year.
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Tennessee Has Committed To At Least $60M In Economic Incentive Grants This Year
Tennessee Has Committed To More Than $60 Million In FastTrack Economic Incentive Grants To Businesses This Year After Committing More Than $200 Million Of The Grants To Businesses In 2021.
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