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VOL. 128 | NO. 135 | Friday, July 12, 2013

June Revenues $3.2 Million More Than State Budgeted

AP

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NASHVILLE (AP) – State Finance Commissioner Larry Martin says overall June revenues were $3.2 million more than the state budgeted.

Martin in a release Thursday said state tax collections for last month were weak, but he said it marks the 11th consecutive month this year of positive growth in total collections.

Sales tax collections were $100,000 less than the estimate for June, but franchise and excise taxes combined were $2.3 million more than budgeted.

The general fund went over by $8.9 million.

Martin says the year-to-date growth rate for all taxes remains low and points to an economy that is still anemic and recovering slowly.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 38 349 15,066
MORTGAGES 111 449 19,779
FORECLOSURE NOTICES 0 58 3,853
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 62 309 14,343
BUSINESS LICENSES 18 138 5,129
UTILITY CONNECTIONS 69 385 21,817
MARRIAGE LICENSES 13 106 4,663

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