Through October 2020, Tennessee collected about $447 million (13%) more tax revenue than lawmakers originally budgeted for this point in the fiscal year.
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
Early Projections of Coronavirus’ Effect on State Tax Collections
Four economists gave their best estimates of how the coronavirus pandemic will affect state tax revenue in the current and next fiscal years.
An Analysis of Local Sales Taxes in the Great Recession
As the coronavirus' economic toll grows, the Great Recession offers clues for how falling sales tax revenues will affect county budgets.
Tennessee's local governments often have the most impact on our daily lives, but state policies frequently shape their options, decisions, and priorities.
Changes to TennCare, education, criminal justice, online sales tax, sports betting, and fiscal notes had significant budget implications.
No matter who wins the election, these 5 challenges could keep Tennessee’s next governor and General Assembly busy throughout 2019 and beyond.
Tennessee collected about $636 million (or 4%) more than was originally budgeted for the fiscal year that ended on June 30, 2019
Tennessee collected about $344 million (or 2%) more than was originally budgeted for the fiscal year that ended on June 30, 2018.
Find out where the money comes from, where it goes, and what changed from the current budget.