Tennessee revenues exceeded budgeted estimates for the month of September. Total September tax revenues were $2.2 billion, $101.2 million more than the budgeted estimate and $18.9 million more than September 2023. The total tax growth rate for the month was 0.87 percent.
General fund revenues were $95.3 million more than the September estimate and the four other funds that share in state tax revenues were $5.9 million more than the estimates.
On an accrual basis, September is the second month in the 2024-2025 fiscal year.