The state of Tennessee brought in $1.6 billion in tax revenue in May, which was 38% more than the budgeted estimate.
Through 10 months of accrual in the fiscal year, the state has collected 99% of the tax revenue it budgeted to receive the entire fiscal year, with $14.7 billion collected and $14.9 billion budgeted, according to the nonprofit Sycamore Institute.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.