In Tennessee total tax collections grew by 0.5 percent during the first quarter of 2014 (as compared to the first quarter of 2013). This was lower than the southeast average of 2.0 percent but higher than the national average of -0.3 percent. Among the 12 southeast states, only Alabama, North Carolina, and Mississippi recorded lower revenue growth than Tennessee. As of August 2014, Tennessee Department of Revenue tax collections totaled $870.0 million. This was $31.0 million or 3.7 percent higher than collections during August of last year.
Download