» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 128 | NO. 200 | Monday, October 14, 2013

Tennessee General Fund Misses Projections by $62 Million

AP

Print | Front Page | Email this story | Comments ()

NASHVILLE (AP) – Tennessee's general fund tax collections fell $62 million short of projections in September, the second month of the state's budget year.

Finance Commissioner Larry Martin said in a release Friday that total revenues for the month were $1.1 billion, or about 5 percent below the budgeted estimate.

Corporate franchise and excise taxes came in about $66 million short of projections, while the state's sales tax collections came in about $2 million less.

September tax collections reflect economic activity in the previous month.

Year-to-date general fund collections have fallen $83 million short of projections.

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 This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 56 235 1,199
MORTGAGES 85 309 1,628
FORECLOSURE NOTICES 10 69 366
BUILDING PERMITS 148 1,091 3,081
BANKRUPTCIES 68 242 1,185
BUSINESS LICENSES 31 118 512
UTILITY CONNECTIONS 53 269 1,594
MARRIAGE LICENSES 9 46 240

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.