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Finance and Administration

Administration Outlines FY 2009-2010 Budget Amendment

Released on Wed, May 27, 2009 - 8:51 am under
NASHVILLE - Finance and Administration Commissioner Dave Goetz today provided an overview of the administration budget amendment that will be filed later this week. Goetz delivered the overview in meetings of the Tennessee General Assembly’s House and Senate Finance Committees.
 
“As revenues have continued to deteriorate, we’ve had to identify an additional $112 million in savings from the current year’s budget and $161 million in savings for the FY 2009-2010 budget,” said Goetz. “However, under this proposal, we can still forestall some of the most painful reductions in state services and delay the immediate implementation of some of the planned staffing reductions. For example, the amended budget will allow us to restore key positions in the Department of Children’s Services and provide recurring funds for safety net services in the Department of Mental Health.”

April Revenues

Released on Thu, May 07, 2009 - 9:27 am under
NASHVILLE – Tennessee revenue collections continued to decline in April, once again falling short of budgeted estimates. Finance and Administration Commissioner Dave Goetz reported today that overall April revenues were $1.216 billion, which is $189.6 million less than the state budgeted.

Governor Bredesen Shines Light on State Finances

Released on Mon, May 04, 2009 - 10:28 am under

NASHVILLE - Continuing a commitment to government transparency, Governor Phil Bredesen today announced a new TN.gov Web site where citizens can see how tax revenues are spent.  The new site is www.tn.gov/opengov. 

“This makes it easier for taxpayers to access information by aggregating data in a centralized place on the state’s Web site,” Bredesen said. “The commitment to openness and transparency I made from the beginning of my administration takes another important step forward with the introduction of this new tool for citizens to access information about state spending.”

March Revenues

Released on Wed, Apr 08, 2009 - 1:17 pm under

NASHVILLE - Tennessee revenue collections continue to fall short of budgeted estimates.  Overall March revenues, which reflect February sales, came in $106.2 million less than the state budgeted for, with collections totaling $779.5 million.

State of Tennessee Makes E-Mail Easier

Released on Mon, Mar 30, 2009 - 11:21 am under

NASHVILLE – The State of Tennessee is making it easier to send electronic mail to state employees with new, shorter e-mail addresses.  The transition to more customer-friendly e-mail addresses for executive branch employees was made overnight March 29. 

 

E-mail addresses that ended “@state.tn.us” now end “@tn.gov” for simplicity and consistency with the state’s Web site, www.TN.gov. For example, the e-mail address john.doe@state.tn.us is now john.doe@tn.gov. 

February Revenues

Released on Fri, Mar 06, 2009 - 12:15 pm under

NASHVILLE – Tennessee revenue collections continued to decline in February. Finance and Administration Commissioner Dave Goetz today announced that overall February revenues, representing January sales, were $668.4 million, which is $69.7 million less than the amount budgeted for the month.

January Revenues

Released on Fri, Feb 06, 2009 - 1:31 pm under

NASHVILLE - Overall January revenues were $936.4 million, which is $114.3 less than the state budgeted, reflecting dismal holiday retail sales for Tennessee as well as continued weakness in consumer confidence.

“January is the sixth consecutive month this fiscal year in which sales taxes and corporate income taxes have recorded negative growth over a year ago.” Finance and Administration Commissioner Dave Goetz said. “January is also historic in that it represents the eleventh negative growth month in sales tax collections out of the last thirteen months, starting with January 2008.

2008-09 December Revenues

Released on Fri, Jan 09, 2009 - 11:00 am under

NASHVILLE - Overall December revenues were $811.0 million, or $83.7 million less than the state budgeted, with sales tax collections for December – reflecting November spending – coming in at a record low rate of negative 10.28 percent.

2008-09 November Revenues

Released on Wed, Dec 10, 2008 - 1:53 pm under

NASHVILLE – Overall November revenue collections were $711.9 million, or 13.16% below November 2007 collections.

2008-09 October Revenues

Released on Wed, Nov 12, 2008 - 5:26 pm under

NASHVILLE – State revenue collections for October were $709.1 million, or less than 1% above October 2007 collections.

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