Tennessee Has Collected $1.3B More In Taxes Than Estimated For Fiscal Year
Tennessee Has Now Collected $1.3 Billion More In Taxes And Fees Than Were Budgeted For The Fiscal Year, Which Just Completed Its Seventh Month.
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Tennessee Up $1.2B More Than Budgeted In Taxes, Fees At Fiscal Year Midpoint
Tennessee Has Collected $1.2 Billion More In Taxes And Fees Than Budgeted During The First Six Months Of The Fiscal Year. The Overages Are Then Able To Be Used By Lawmakers The Next Year.
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Tennessee Sales Tax Rate 2nd Highest In U.S.
Tennessee Has The Second-Highest Sales Tax Rate In The Country, According To A New Report From The Tax Foundation.
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Tennessee Tax Collections Slow, But Continue To Beat Budget In December
While The Growth Rate Has Dropped From The Large Increases Of Last Fiscal Year, Tennessee’s Tax And Fee Collections Continued To Exceed The Budgeted Expectations In December.
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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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4-Month Tennessee Tax Revenues Exceed Estimates By $742.7M
Tennessee Again Collected More Taxes And Fees Than Budgeted In November, Collecting $1.5 Billion. That Was $156.8 Million More Than The Budgeted Estimate For The Fourth Month Of The Fiscal Year, Calculated On An Accrual Basis.
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Credit Rating Agency Warns Recession Could Trigger Property Tax Hikes
Fitch Ratings Said Friday That The Outlook For State And Local Governments Was “Deteriorating” And An Expected Recession Could Put Pressure On State And Local Governments To Raise Property Taxes.
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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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Officials Estimate Tennessee Titans Stadium Tax Fund Could Generate $70M Annually
A Tax Fund Scheduled To Pay Off Revenue Bonds From Nashville Toward A New $2.1 Billion Tennessee Titans Stadium And Available For Future Maintenance Costs Is Estimated To Generate Up To $70 Million Annually During The Titans’ New 30-Year Proposed Lease, Which Includes Three Additional Five-Year Team Options To Extend.
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TN Collects $2.1B In Taxes & Fees In September, Up More Than $100M From 2021
Tennessee’s Tax And Fee Collections Continued To Rise In September With The State Collecting $2.1 Billion.
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