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Tennessee July revenue collections see some growth

 
Tennessee July revenue collections see some growth
Posted August 15th, 2014 @ 3:24pm by News Center

NASHVILLE, Tenn. (AP) _ Tennessee Finance Commissioner Larry Martin says the state's revenue collections recorded some growth in July even though they fell short of projections.
 
Martin said in a news release on Thursday that overall revenues were $941.8 million, about $3.2 million less than the state budgeted.
 
Sales tax collections were $1.3 million more than the state estimate. However, franchise and excise taxes combined were $2.2 million below the budgeted estimate of $71 million.
 
The state's general fund exceeded the projected amount by $1.2 million.

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