state budget http://wmot.org en State Sales Tax Collections Up for the Quarter http://wmot.org/post/state-sales-tax-collections-quarter <p>Tennessee&#39;s sales tax revenues grew 6.5 percent in the first quarter of the budget year, and general fund collections are $57 million above projections.</p><p>Sales taxes account for nearly two out of every three dollars collected for the state&#39;s general fund. October sales tax collections, which reflect economic activity in the previous month, came in at nearly $16 million above projections.</p><p>State Finance Commissioner Mark Emkes says that the growth of sales tax collections is the &quot;best indicator of economic recovery.&quot;&nbsp;&nbsp;</p> Thu, 10 Nov 2011 17:49:23 +0000 AP/WMOT 3772 at http://wmot.org State Budget Hearings Hit the Road http://wmot.org/post/state-budget-hearings-hit-road <p>(AP) Gov. Bill Haslam says he&rsquo;ll hold public budget hearings outside the Capitol for the first time when he begins the annual review at the University of Memphis this coming Wednesday.</p><p>The governor says he&rsquo;ll also hold hearings in Knoxville, as well as at the usual site at the state Capitol. Haslam announced the changes in a video posted on YouTube yesterday.</p><p>The Governor&nbsp;says his goal is to assemble a budget proposal that can pass unanimously in the General Assembly, just as his first annual spending plan did back in May.</p> Thu, 27 Oct 2011 16:51:31 +0000 Mike Osborne 3194 at http://wmot.org