September Tax Collections Show Marginal Growth

Associated Press — Wed, 10 Oct 2012 00:39:32 +0000

NASHVILLE, Tenn. (AP) — Tennessee's tax collections have shown marginal growth in the second month of the budget year.

Finance Commissioner Mark Emkes said in a release Tuesday that September revenues "continue to reflect the sluggish national economy."

The state's overall revenues were $1.1 billion, or 5.4 percent above the budgeted estimate. The September collections reflect economic activity in the previous month.