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VOL. 39 | NO. 50 | Friday, December 11, 2015
Tennessee November revenue collections more than $902M
NASHVILLE (AP) — Tennessee Finance Commissioner Larry Martin says the state's general fund tax collections in November were $42.6 million higher than projected.
Martin said in a news release on Tuesday that November revenue collections were $902.6 million, which is 9.6 percent more than November 2014.
November is the fourth month in the 2015-2016 fiscal year.
Sales tax collections were $34.6 million more than expected, a growth of 7 percent.
Corporate franchise and excise collections were $41.1 million, which is $4.9 million more than projected.