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VOL. 35 | NO. 36 | Friday, September 9, 2011




Tenn. revenues beat expectations by $18M in August

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NASHVILLE (AP) — General fund revenue collections have started the new Tennessee budget year $18 million above expectations.

Finance Commissioner Mark Emkes said in a release Friday that the August figures are "good news," but cautioned that national economic indicators indicate a slow recovery is under way and that federal budget issues still need to be resolved.

The August revenue collections reflect economic activity in July, the first month of the budget year. It was the 13th consecutive month that collections have exceeded budgeted estimates.

Sales tax collections were up 5 percent from the previous year, while corporate franchise and excise taxes came in at more than double the projected estimate.

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TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0