Tennessee Conservative
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.
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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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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.
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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.
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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.
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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.
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