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VOL. 38 | NO. 49 | Friday, December 5, 2014
State funding board to take up revenue projections
NASHVILLE (AP) — The State Funding Board is meeting Thursday to begin the process of projecting that state's revenue collections in the upcoming budget year.
The panel is scheduled to hear from professors Albert DePrince of Middle Tennessee State University and Bill Fox of the University of Tennessee, along with Revenue Commissioner Richard Roberts and a representative of the Legislature's Fiscal Review Committee.
The funding board is made up of the secretary of state, comptroller, treasurer and the state finance commissioner. After hearing from the experts on Thursday, the panel will reconvene on Dec. 16 to issue its consensus on how much money the state is expected to collect through the budget year that ends on June 30 and the one that begins after that.