As of August 31, 2023, Tennessee had collected about 7% of the $22.7 billion in total budgeted revenue for the current fiscal year.
Continue readingTennessee Tax Revenue Tracker for FY 2024
Tennessee Tax Revenue Tracker for FY 2023
FY 2023 collections were about $2.5 billion more (or 13%) than what was budgeted when the fiscal year began, but fell short of the revised estimate adopted as part of the FY 2024 approved budget.
Continue reading6 Facts About Road Funding in Tennessee
Tennessee’s ability to fund road construction and maintenance faces pressures from all sides.
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.
Continue readingStadium Subsidies in Tennessee
Since 2021, state and local officials in Tennessee have committed or proposed $1.8 billion in subsidies for at least 5 pro sports venues.
Continue readingTennessee Tax Revenue Tracker for FY 2021
Tennessee collected 21% more tax revenue in FY 2021 than lawmakers initially budgeted, giving the state a $2.1 billion unbudgeted surplus.
Continue readingTennessee May Have an Extra $3 Billion to Budget this Year
Tennessee collected far more tax revenue than expected over the last year, leaving Gov. Lee and state lawmakers with a lot of money to allocate.
Continue readingTennessee Tax Revenue Tracker for FY 2020
Despite the onset of a recession, Tennessee collected about $396 million (or 2%) more tax revenue in FY 2020 than originally budgeted for the fiscal year
Continue readingHow Big Is Tennessee’s Revenue Drop Going to Be?
Four economists gave their best estimates of how the coronavirus pandemic will affect state tax revenue in the current and next fiscal years.
Continue readingWhich Tennessee Counties Might See the Largest Drop in Sales Tax Revenue?
As the coronavirus’ economic toll grows, the Great Recession offers clues for how falling sales tax revenues will affect county budgets.
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