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NASHVILLE, Tenn. (AP) — Tennessee has posted another round of positive state tax revenues during the COVID-19 pandemic.
(The Center Square) – Tennessee collected $300 million more in taxes and fees than budgeted in January, according to the Tennessee Department of Finance and Administration.
NASHVILLE, Tenn. (AP) — Tennessee has posted another round of positive state tax revenues during the COVID-19 pandemic. The Tennessee Department of Finance and Administration says January revenues totaled $1.8 billion, which is $309.2 million more than budget estimates and 8.9% higher than the January 2021 revenues.
A $2.7 billion capital projects program for fiscal 2022-23 will "change the footprint of the state," Finance Commissioner Butch Eley said.