Tennessee's September revenues exceed estimates

Tennessee tax revenues were $2.2 billion in September, $20.6 million more than estimated, Department of Finance and Administration Commissioner Jim Bryson said Thursday.

Collections were also $1.3 million higher than the same month a year ago.

General fund revenues also exceeded expectations by $14.3 million, according to Bryson's report.

“Sales tax revenues, which reflect August’s taxable sales activity, were slightly above estimates and showed solid growth compared to the same period last year," Bryson said in a release. "However, corporate tax collections, or franchise and excise taxes, fell short of expectations. All other combined revenues exceeded estimates."

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