mark emkes

7:39pm

Tue October 9, 2012
Top Stories

September Tax Collections Show Marginal Growth

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.

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11:49am

Thu November 10, 2011
Finance Commissioner Emkes Guardedly Optimistic

State Sales Tax Collections Up for the Quarter

Tennessee'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.

Sales taxes account for nearly two out of every three dollars collected for the state's general fund. October sales tax collections, which reflect economic activity in the previous month, came in at nearly $16 million above projections.

State Finance Commissioner Mark Emkes says that the growth of sales tax collections is the "best indicator of economic recovery."  

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