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

Forgot your password?
Skip Navigation LinksHome >
VOL. 128 | NO. 135 | Friday, July 12, 2013

June Revenues $3.2 Million More Than State Budgeted

AP

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

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 This material may not be published, broadcast, rewritten or redistributed.

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


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 95 460 14,043
MORTGAGES 101 520 16,304
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 198 1,098 29,161
BANKRUPTCIES 48 285 9,323
BUSINESS LICENSES 26 123 4,603
UTILITY CONNECTIONS 45 277 10,236
MARRIAGE LICENSES 18 96 3,352

Weekly Edition

Issues | About

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