Tennessee Starts New Fiscal Year $130 Million Above Expectations in Tax and Fee Collections

The total taxes collected by Tennessee in the first month of the new fiscal year continued last year’s increasing trend.

Tennessee collected $1.5 billion in August, which was $130.5 million more than what was budgeted and $100.6 million more than what the state collected in August 2021, despite a moratorium on personal care and autocycle registrations.

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