Gov. Bill Lee released his $55.6 billion recommendation for the state’s FY 2024 Budget — along with recommended changes for FY 2023.
Continue readingThe Budget in Brief: Summary of Gov. Lee’s FY 2024 Recommended Budget
The FY 2024 recommended budget includes unprecedented spending levels fueled by multiple years of significantly better-than-expected state revenue collections.
Continue readingVideo: Sycamore Presents Before the Senate Finance, Ways & Means Committee
Sycamore presents on topics like inflation, gas taxes, and the rainy day fund before the Senate Finance, Ways & Means Committee.
Continue reading6 Facts About Road Funding in Tennessee
Tennessee’s ability to fund road construction and maintenance faces pressures from all sides.
Continue reading2021 Census Data on Income & Poverty in Tennessee
Tennessee saw continued improvements in measures of poverty and median household income last year.
Continue reading2021 Census Data on Tennesseans’ Education Levels
Over the last decade, median earnings have grown for Tennesseans at every level of education after adjusting for inflation.
Continue reading2021 Census Data on Health Insurance Coverage in Tennessee
Men, Hispanics, younger adults, the unemployed, and people with less education and income are the most likely to be uninsured in Tennessee.
Continue readingChild and Family Poverty in Tennessee
An estimated 278,000 Tennessee children below the age of 18 live in households with incomes below the poverty line.
Continue readingHow Inflation Affects Tennessee’s State & Local Governments
Inflation raises operating costs at every level of government, but Tennessee’s reliance on sales tax means state revenues may keep up with inflation better than those of local governments.
Continue readingTennessee Tax Revenue Tracker for FY 2022
Tennessee finished FY 2022 with a $1.6 billion unbudgeted surplus after collecting 28% more tax revenue than lawmakers initially budgeted.
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