Tennessee has now collected $279.9 million less than budgeted through the first five months of the fiscal year.
December’s $1.9 billion in collections were $82.5 million less than budgeted In numbers released Friday afternoon.
Read the full story
Tennessee tax collections released on Friday afternoon were $62.1 million lower than the budgeted estimate and $50.9 million lower than last October.
For the first three months of the fiscal year, done on an accrual basis, Tennessee has collected $108.9 million less than its budgeted estimates.
Read the full story
Tennessee has collected $2.3 billion more than budgeted in taxes and fees through the first 11 months of the fiscal year.
In June, the state collected $2.3 billion total, which was $283.3 million more than estimated and $38.7 million more than the June 2022 collections.
Read the full story
Lindsey Horner, considered the “most wanted” person for TennCare fraud, was arrested Friday, according to a press release by the Tennessee Department of Finance and Administration (F&A).
The Tennessee Office of Inspector General (OIG), in a joint effort with the Benton County Sheriff’s Office, announced that the 39-year-old Big Sandy, Tennessee, was charged with TennCare fraud and theft of services. The TennCare fraud charge is a class D felony, and the theft of services charge is a class C felony, the press release notes.
Read the full story
The Tennessee Department of Finance and Administration announced Friday that overall June state tax revenues exceeded budgeted estimates. On an accrual basis, June is the 11th month in the 2021-2022 fiscal year.
Read the full story
Butch Eley, who has been Commissioner of the Tennessee Department of Finance and Administration (F&A) since 2020, has now been appointed Commissioner of the Tennessee Department of Transportation.
Read the full story
The Tennessee Department of Finance and Administration announced Tuesday that overall May state tax revenues exceeded budgeted estimates. On an accrual basis, May is the tenth month in the 2021-2022 fiscal year.
Read the full story
The Tennessee Department of Finance and Administration announced Friday that overall January state tax revenues exceeded budgeted estimates. On an accrual basis, January is the sixth month in the 2021-2022 fiscal year.
Read the full story
The Tennessee Department of Finance and Administration announced Friday in a press release that revenues for December 2021 were higher than expected and exceeded the monthly revenues from the previous year. On an accrual basis, December is the fifth month in the 2021-2022 fiscal year.
Read the full story
Tuesday’s Metro Council meeting featured dozens of agenda items in addition to the end of Nashville’s vehicle emissions program and the allocation of $3.15 million to the Metro Nashville Police Department for tasers.
In all, the Metro Nashville City Council addressed 84 items on the agenda published prior to the meeting. The municipal body dealt with issues ranging from children’s safety, building codes, and zoning to allocation of taxpayer funds, allocation of COVID-19 relief funds, the election of notaries, and more.
Six additional items totaling $16,500,000 in taxpayer funding was approved.
Read the full story
Tennessee Department of Finance and Administration Commissioner Butch Eley this week announced that revenues for June were $1.5 billion, which is $12.5 million less than the budgeted monthly revenue estimate.
State tax revenues, meanwhile, were $29.8 million less than June 2019. Overall collections for the month represented a negative growth rate of 1.91 percent.
Read the full story
Department of Finance and Administration Commissioner Stuart McWhorter announced this week that Tennessee tax revenues exceeded budgeted estimates in March. Overall March revenues totaled $1.1 billion, which is $52.8 million more than the state received in March of 2018 and $28.6 million more than the budgeted estimate for the month. “Sales tax revenues continue to demonstrate the strength of the Tennessee consumer by outpacing last year’s receipts and the state’s budgeted estimate for the month,” McWhorter said in a press release. “Franchise and excise taxes also showed growth compared to March 2018 but were less than the state’s estimate. All other tax revenues combined exceeded the month’s budgeted estimates. The state’s year-to-date tax revenue growth indicates a promising finish to the 2018-2019 fiscal year. However, a fourth of the state’s volatile corporate tax revenue collections typically occur within the next month. Therefore, we will continue to monitor our monthly tax receipts closely.” On an accrual basis, March is the eighth month in the 2018-2019 fiscal year, the press release went on to say. General fund revenues were $29 million more than the budgeted estimate while the four other funds that share in state tax revenues were $0.4 million less…
Read the full story
Authorities have charged two Davidson County residents in separate TennCare fraud cases involving prescription drugs. The Office of Inspector General, with the assistance of the U.S. Drug Enforcement Agency, this week announced the arrest of Omar Adbirizak Hassan, 21 and Shannon Lynne Cannon, also known as Shannon L. Hammock, 36. Both are Nashville residents and were part of a fraudulent prescription ring that was allegedly passing fraudulent prescriptions without the knowledge of the local healthcare providers. This, according to a press release the Tennessee Department of Finance and Administration release this week. Hussan is charged with two counts of TennCare fraud, two counts of obtaining a controlled substance by fraud and two counts of identity theft. Authorities say that on two separate occasions, he used TennCare benefits to present fraudulent prescriptions for the painkiller Oxycodone. The prescriptions contained the fraudulent signature of a healthcare provider along with the provider’s DEA number. Ms. Cannon-Hammock is charged with two counts of TennCare fraud, two counts of obtaining a controlled substance by fraud and two counts of identity theft for similar circumstances. Authorities say that on two separate occasions, she used TennCare benefits when presenting fraudulent prescriptions for Oxycodone using the name and DEA number…
Read the full story
A Hardin County woman is charged with allegedly lying about her residency in order to enroll in TennCare, according to the Tennessee Department of Finance and Administration. The Office of Inspector General (OIG), with the assistance of the Hardin County Sheriff’s Office, this week announced the arrest of Samantha J. Briley, 31, of Savannah. An indictment charged her with TennCare fraud and theft of services over $10,000 for reporting to the state that she lived in Tennessee when she was actually living in Florence, Alabama, in order to receive TennCare, a press release said. Authorities say as a result, she obtained $15,327.06 in medical assistance benefits. Briley was served while lodged in the Hardin County jail on unrelated charges allegedly involving the sale of methamphetamine, state officials said in the press release. “Lying to the state can be trouble at any time – and it’s against the law to get enrolled in TennCare when living in any other state,” Inspector General Kim Harmon said. “We appreciate citizens bringing information to our attention so we can preserve TennCare benefits for Tennesseans.” District Attorney General Matthew F. Stowe is prosecuting. TennCare fraud is a Class D felony punishable by up to four years in prison…
Read the full story
.A Tipton County woman is charged with TennCare fraud in connection with the sale of prescription drugs paid for by the state’s health care insurance program, according to a press release from the Tennessee Department of Finance and Administration. The Office of Inspector General (OIG), with the assistance of the Tipton County Sheriff’s Office, this week announced the arrest of Ursula Patrice Adams also known as Ursula Patrice Ponder, 51, of Covington, Tenn. She is accused of obtaining the dangerous opiate Fentanyl, and on two separate occasions, she allegedly sold a portion of the drugs during an undercover investigation. According to the U.S. Drug Enforcement Agency, fentanyl is 80 to 100 times more potent than morphine. Adams is charged with two counts of TennCare fraud, one count of delivery of a Schedule II controlled substance and one count of casual exchange of a Scheduled II controlled substance. The prescriptions were obtained through Medicare Part B which is paid for in part by TennCare, the press release said. “Tennessee has an opioid problem and we are working with local law enforcement to combat it,” Inspector General Kim Harmon said. “These drugs are deadline, as families across our state are aware. Using…
Read the full story
Tennessee Department of Finance and Administration Commissioner Stuart McWhorter has announced that Tennessee tax revenues exceeded budgeted estimates in February, according to a state press release. Overall February revenues were $953.8 million, which is $68.9 million more than the state received in February 2018 and $39.9 million more than the budgeted estimate. The growth rate for February was 7.79 percent, the press release said. “The state experienced sound growth in its two largest contributors to the state’s tax base, state sales and use tax revenues and franchise and excise tax revenues, compared to last February,” the press release quoted McWhorter as saying. “All other revenues combined also exceeded the state’s budgeted estimate. On a year-to-date basis, state revenue collections are well positioned to finish the fiscal year ahead of our budgeted estimates. Typically, more than one half of our corporate revenues for the year are accounted for in the months of April through June; however, due to the volatile nature of these taxes we will remain cautiously optimistic and continue to manage conservatively.” On an accrual basis, February is the seventh month in the 2018-2019 fiscal year. General fund revenues exceeded the budgeted estimates in the amount of $40.4 million…
Read the full story