TENNESSEE: Revenues See 8.5% Rise

DeSue, Tedra
May 2007
Bond Buyer;5/17/2007, Vol. 360 Issue 32631, p9
Trade Publication
The article reports on the increasing revenue collections in 2007 by 8.5% to about $1.4 billion compared to April 2006 in Tennessee. According to the state's Department of Revenue Administration, the collections for the first nine months of the fiscal year were almost $257 million more than the estimated budget. The source of revenue is the increase in sales, franchise and excise taxes.


Related Articles

  • More Than Expected. DeSue, Tedra // Bond Buyer;7/14/2005, Vol. 353 Issue 32174, p31 

    Discusses reports release by the Tennessee Department of Finance and Administration, which showed an increase in revenues for the month of June 2005. Estimated monthly revenue; Comparison with the 2004 revenues for the same period; Increase in sales tax collections; Collections from franchise...

  • Revenue Rising. DeSue, Tedra // Bond Buyer;3/23/2006, Vol. 355 Issue 32345, p29 

    The article reports on the revenue growth posted by Tennessee for February 2006. The 3.5% increase in revenue was achieved despite a significant fall in excise taxes. Sales and use tax collections as well as gasoline tax collections were up, while combined franchise and excise taxes were down in...

  • Texas March Sales Tax Revenue Rose 7.4% From Year Earlier. Philyaw, Jason // Bond Buyer;4/18/2008, Vol. 364 Issue 32860, p27 

    The article reports that sales tax revenue collected by Texas has increased by 7.4% from a year earlier to $1.6 billion, despite declines in some of the largest cities in the state. According to state Comptroller Susan Combs, although the national economy is slowing, growth in sales tax...

  • First 4 % excise-tax collections just below estimates. Vega, José Alvarado // Caribbean Business;2/24/2011, Vol. 39 Issue 7, p31 

    The article looks into the excise-tax which accounted to 198.9 million dollars on its first month after it had taken effect in Puerto Rico. Xenia Vélez, chairwoman of the Fortuño administration's Tax Reform Committee reveals that such increase was the result of strong recovery in...

  • TAX REVENUES AND SPENDING ON THE RISE. Chaze, Aaron // Global Finance;Nov2004, Vol. 18 Issue 10, p6 

    This article reports that the fiscal year 2003-2004 was wonderful for the Indian government, with unprecedented levels of tax collection. That inflow set new records for direct and indirect taxation and gave the government a lot of fiscal flexibility. But if the figures coming out of the...

  • Committee checking into tax-collection process. Czurak, David // Grand Rapids Business Journal;9/10/2012, Vol. 30 Issue 37, p3 

    The article reports on the decision of the Kent County Finance Committee in Michigan to focus on overdue tax payments, and examine tax fund and the collection process to address the issue of lack of tax revenue in the county. A report from Experience Grand Rapids stated that two hotels owe the...

  • Revenue Record. DeSue, Tedra // Bond Buyer;7/14/2005, Vol. 353 Issue 32174, p31 

    Reports on Georgia's triple-A rating for the fiscal year of 2005. Total revenue collections, which ended June 30; Positive overall trend of collections; Factors attributed to the increase in tax collections during fiscal 2005.

  • Management Report: Improvements Needed in Controls over IRS's Excise Tax Certification Process: GAO-03-687R.  // GAO Reports;7/23/2003, p1 

    The Internal Revenue Service (IRS), along with other components of the Department of the Treasury, collects and distributes excise tax receipts to government trust funds. As the nation's tax collector, IRS plays a critical role in this process. Consequently, trust funds and their administrators...

  • IN BRIEF.  // Accounting Today;5/18/2009, Vol. 23 Issue 8, p12 

    This section offers news briefs related to accounting. The KPMG Tax Governance Institute reports that the U.S. government may likely audit organizations to increase its tax collections and boost its tax revenues. The U.S. Treasury Department's Inspector General for Tax Administration has audited...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics