Tennessee Governor Bill Lee (R) opened applications this week for the Tennessee Strong Families Grant Program to support expecting mothers and families.
According to the press release, the $20 million program aims to increase resources for moms, kids, and families while improving maternity healthcare access. It aids local nonprofit organizations across the state, including pregnancy centers.
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Tennessee tax revenues for the month of March exceeded budgeted estimates by $348.8 million, putting the fiscal year surplus at $2.5 billion, reported Department of Finance and Administration Commissioner Butch Eley in a statement Thursday.
March tax revenues totaling $1.6 billion were $286.8 million or 22.78 percent higher than the state received in March 2021.
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Chad Holman has been named the new chief of the Tennessee’s Office of Inspector General (OIG).
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Tennessee tax revenues for February of $1.2 billion exceeded the budgeted estimate of $1.03 billion by $212 million or 20.6 percent, Commissioner of the Department Finance and Administration Butch Eley announced Friday.
February 2022 revenues were also $111.7 million more than what the state received in taxes in February 2021, reflecting a growth rate of nearly 10 percent.
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On Wednesday, the Tennessee Department of Finance and Administration revealed the state’s revenues exceeded budgeted estimates for the month of September. September’s total tax revenues were $1.9 billion, which is $321.5 million more than September of last year and $378.1 million more than the budgeted estimate. The total growth rate for the month was 20.28 percent.
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Tennessee’s revenues for the month of June exceeded the budget by $372.3 million, putting the year-to-date surplus at $2.8 billion, Commissioner of the Tennessee Department of Finance and Administration Butch Eley announced Thursday.
State taxes for June 2021, which is the eleventh month of the current fiscal year, were $321.1 million more than June 2020.
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Tennessee Department of Finance and Administration Commissioner Butch Eley announced Thursday that the state’s revenues for May were $1.6 billion or $432 million more than the budgeted monthly revenue.
Revenues for the ten-month period put the surplus at $2.4 billion for the 2020-2021 fiscal year.
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Higher than expected revenues for the month of April resulted in the state’s budget surplus exceeding $2 billion with three months remaining in the 2020-2021 fiscal year.
Commissioner of Tennessee’s Department of Finance and Administration Butch Eley made the announcement Friday that April revenues of $2.5 billion resulted in a $596.7 million surplus for the month of April 2021.
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Commissioner of the Tennessee Department of Finance and Administration Butch Eley announced Friday that tax revenues to the state for the month of February exceeded the budgeted estimates by $190.9 million, which puts the fiscal year surplus at $1.3 billion.
February revenues of $1.13 billion represent an 11.06 percent growth rate or $112.7 million more than February of last year.
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The state’s revenue collections for the month of December were higher than budgeted yielding a $156.4 million surplus, Tennessee Department of Finance and Administration Commissioner Butch Eley announced Monday.
On an accrual basis, December marks the fifth month of the 2021-2022 fiscal year.
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Three months into the 2020-2021 fiscal year, Tennessee’s actual revenues have exceeded the budget to create a $447 million surplus.
The surplus represents revenues that are 13 percent over and above the budgeted revenues through October and the fourth month in a row of budget surpluses.
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Tennessee tax revenues for the month of July exceeded the budgeted estimate by $667.1 million, Tennessee Department of Finance and Administration Commissioner Butch Eley announced Thursday.
Overall revenues of $1.86 billion in July were $689.4 million more than state revenues in July 2019.
The higher-than-expected revenues for July has the state finishing the 2019-2020 fiscal year in a surplus position of $369.2 million against the budgeted estimate and 2.42 percent above last year, despite the impacts of the COVID-19 economic slowdown.
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The May revenues announced by Tennessee Department of Finance and Administration Commissioner Butch Eley Monday showed a negative growth rate of 15.83 percent compared to a year ago.
The state’s revenues of $981.9 million were $197.3 million less than budgeted and $184.7 million less than May 2019, according to the department’s news release.
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Tennessee tax revenues in February grew 6.79 percent compared with February 2019, the Department of Finance and Administration announced.
Tax revenue for February was a little more than $1 billion, which was $64.8 million more than was collected in February 2019.
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In the monthly announcement of state revenues, Tennessee Department of Finance and Administration Commissioner Stuart McWhorter reported that collections for December were $55.3 million more than the budgeted estimate.
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“Tennessee’s annual financial report provides detailed analysis of the state’s financial transactions, and reflects the state’s commitment to accountability and transparency,” Commissioner Stuart McWhorter said in a statement.
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In a news release Friday, the Commissioner of Finance and Administration Stuart McWhorter announced that the state’s revenues for October exceeded budgeted estimates, resulting in a $49.8 million surplus for the month.
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The report of Tennessee state revenues for September at $1.6 billion resulted in a budget surplus of $138.8 million. Revenue for the month of September 2019, as indicated in the report, is $138.7 million more than September 2018, reflecting a 9.75 percent year-over-year growth rate. On an accrual basis,…
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Commissioner of the Department of Finance Administration, Stuart McWhorter, reported last week that Tennessee revenues for August were $28.8 million more than the budgeted estimates.
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