TN Officials Approve $40M Incentive For LG Chem’s $3.2B Clarksville Facility

Tennessee Officials Approved A $40 Million Incentive Payment For LG Chem, Which Is Planning To Spend $3.2 Billion To Build A New Cathode Manufacturing Facility In Clarksville. The Facility Will Be The Largest Foreign Direct Investment In Tennessee’s History.

Read more

Experts Expect Tennessee Tax Collections To Continue To Grow, But At Slower Rate

Tennessee’s Collection Of Taxes And Fees Are Expected To Continue To Rise Over The Next Two Years, But The Rate Of Increase Won’t Match Its Recent Record-Breaking Pace, According To Estimates From The University Of Tennessee’s Boyd Center For Business And Economic Research.

Read more

TNECD Announces New Projects, But Not Dollar Amount Of Taxpayer-Funded Incentives

This Week, Tennessee’s Funding Board Is Scheduled To Approve Incentives Of More Than $1 Million To Six Different Companies. But The Grant Amounts, Paid With Public Funds Through The Department Of Economic And Community Development’s FastTrack Grant Program, Have Not Been Announced Publicly.

Read more

Tennessee Ranks #38 In U.S. For Transparency Of Economic Development Incentives

Tennessee Ranked 38th In The Country Among The 51 States And District Of Columbia For Economic Development Incentive Transparency In A New Report From Nonprofit Good Jobs First In Its Sixth Report Card On Transparency.

Read more

Tennessee Has Collected $1.2B More Than Estimated Revenue This Fiscal Year

Tennessee Has Collected Nearly $1.2 Billion More Than Budgeted In Revenue So Far This Fiscal Year, According To Numbers Released Monday From Department Of Finance And Administration Commissioner Butch Eley.

Read more

Experts Tell Tennessee Funding Board To Remain Conservative In Revenue Estimates

The Tennessee State Funding Board Was Told Wednesday Inflation Will Continue To Rise Quickly, Sales Tax Revenue Cannot Continue At Its Current Trend And The State Should Remain Conservative In Its Revenue Estimates.

Read more