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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 This material may not be published, broadcast, rewritten or redistributed.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 85 354 12,626
MORTGAGES 113 438 16,470
FORECLOSURE NOTICES 4 81 3,273
BUILDING PERMITS 358 918 27,694
BANKRUPTCIES 55 276 10,490
BUSINESS LICENSES 18 120 4,204
UTILITY CONNECTIONS 78 429 16,350
MARRIAGE LICENSES 26 125 3,691

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