Tuesday, October 12, 2010

Tennessee is State #12 To Report Sept. Tax Gain

"Tennessee sales tax revenue continued to grow in September, with collections coming in $41 million more than the budgeted estimate.  Tennessee Finance Commissioner Dave Goetz said Tuesday that overall September revenues were $977.5 million, or 6.1 percent, above September 2009 collections.

The general fund was over collected by $28.5 million and the four other funds were over collected by $12.5 million. Goetz said the recent growth in the sales tax and corporate tax categories is particularly pleasing, given the dismal conditions the state faced from 2008 until this spring."

HT: Greg Stowell

See the other 11 states here

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