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Thursday
Aug092012

Tennessee Revenue Collections Continue Upward Trend 

(CHATTANOOGA, Tenn.) -- Tennessee revenue collections continued their upward trend last month, but at a much slower pace compared to recent months, The Chattanoogan reports.

Finance and Administration Commissioner Mark Emkes said Thursday that July collections yielded a positive growth of 4.46 percent over the same time one year ago. July revenues overall were $880.9 million, which is $9.9 million more than the state budgeted, the paper says.

July is the twelth consecutive month this year that revenue collections surpassed budgeted estimates, according to The Chattanoogan.

Copyright 2012 ABC News Radio

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