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VOL. 129 | NO. 159 | Friday, August 15, 2014

Tennessee July Revenue Collections See Some Growth

AP

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NASHVILLE (AP) – Tennessee Finance Commissioner Larry Martin says the state's revenue collections recorded some growth in July even though they fell short of projections.

Martin said in a news release on Thursday that overall revenues were $941.8 million, about $3.2 million less than the state budgeted.

Sales tax collections were $1.3 million more than the state estimate. However, franchise and excise taxes combined were $2.2 million below the budgeted estimate of $71 million.

The state's general fund exceeded the projected amount by $1.2 million.

Copyright 2014 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 This material may not be published, broadcast, rewritten or redistributed.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 116 413 13,039
MORTGAGES 149 479 16,949
FORECLOSURE NOTICES 29 55 3,345
BUILDING PERMITS 176 701 28,395
BANKRUPTCIES 87 303 10,793
BUSINESS LICENSES 26 111 4,315
UTILITY CONNECTIONS 97 472 16,821
MARRIAGE LICENSES 25 100 3,791

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