TENNESSEE’S FEBRUARY SURPLUS TAX REVENUES CONTINUES TO GROW OVER ESTIMATES

Tennessee continues to see its surplus revenues grow as February’s General Tax Fund collections were over $8.4 million above projections. In the first seven of the state’s fiscal year, that surplus has grown to $491 million. Sales tax collections came in at $33 million above estimates during the month, which reflects economic activity in January. Sales tax collections reflect a 6.5 percent growth compared with the same month a year ago, and a 4 percent growth rate since the beginning of the budget year in July. Some projections were below estimates such as franchise, excise fuel taxes



UPCOMING EVENTS

RIDE FOR LIFE AND ANTIQUE CAR SHOW FUNDRAISER IN CROSSVILLE2024sat04may8:30 am8:30 am

PRE-K AND KINDERGARTEN REGISTRATION SET FOR MAY 6, 2024 IN CUMBERLAND COUNTY2024mon06may7:00 am7:00 am

COMMODITIES DISTRIBUTION IN CUMBERLAND COUNTY MAY 14, 20242024tue14may9:00 am9:00 am

CONTACT INFORMATION

3B Media
105.7 The HOG / Spirit 101.9/ 93.3 The Ranch
94.1 The VIBE / 98.9 The WOLF
37 South Drive
Crossville, TN 38555

Phone: 931-484-1057
Fax: 931-707-0580