State Revenues in February Exceeded the Budget by $191 Million, Puts Fiscal Year Surplus at $1.3 Billion

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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