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 More
Tennessee Gov. Bill Lee on Thursday outlined new spending plans for state government that reflect significant revenue reductions due to the economic impact of COVID-19.
Department of Finance and Administration Commissioner Butch Eley presented state lawmakers with the revised budget plans for the current fiscal year, as well as FY 2020-21, which begins July 1, 2020, and a framework for the following fiscal year, 2021-22. Read More
Because of the lingering effects of COVID-19, Tennessee Commissioner of Finance and Administration Butch Eley this week asked all of the state’s agency heads and budget officers to plan to reduce their budgets by 12 percent.
This, according to an email Eley sent Tuesday to state officials. Read More
Tennessee Department of Finance and Administration Commissioner Butch Eley announced Tuesday that revenues for April were less than the monthly revenues from the previous year. according to the department’s press release.
Overall state revenues for April were $1.3 billion, which is a negative growth rate of 39.75 percent compared to last year and $693.8 million less than the state budgeted, the press release said. Read More
The woman behind Tennessee providing COVID-19 patient data to first responders has been promoted.
Brandon O. Gibson, a senior advisor to Gov. Bill Lee, was promoted to the state’s chief operating officer (COO), the governor’s office announced Tuesday. Read More