Finance & Administration

State's First ARRA Reporting Complete Detailing Funding, Jobs Data

Monday, October 12, 2009 | 03:07 pm
NASHVILLE – Tennessee has successfully met its first federal reporting requirements for funds that have flowed to or through the state under the American Recovery and Reinvestment Act (ARRA). The Recovery Act is providing states with more than $246 billion of a total $787 billion made available to create and retain jobs, invest in infrastructure and speed economic recovery. Tennessee was allocated a total of $5.6 billion; the state reported on $214.9 million spent by the state through Recovery Act grants through September 30, 2009. 

Federal Court Ruling Means More Funds to State Services for People with Intellectual Disabilities

Friday, October 02, 2009 | 04:14 pm

NASHVILLE – A federal court ruling involving the Arlington Developmental Center near Memphis will mean more federal money for services to people with intellectual disabilities in Tennessee. The U.S. District Court for the Western District of Tennessee granted a state motion that will result in an additional $38 million that can be budgeted for medical services through the Division of Intellectual Disabilities Services (DIDS) and TennCare.

August Revenues

Friday, September 11, 2009 | 11:58 am

NASHVILLE – State tax collections again fell below budgeted estimates in August, with sales tax collections recording negative growth for 18 of the last 20 months. Finance and Administration Commissioner Dave Goetz reported today that overall August revenues were $726.9 million, which is 5.74% below collections for August 2008.  

Deputy Commissioner Stephen Norris Announces Retirement

Friday, August 21, 2009 | 04:35 pm

NASHVILLE – Stephen Norris, Deputy Commissioner for the Tennessee Division of Intellectual Disabilities Services (DIDS), announced today that he will retire from state government on September 30, 2009. The agency is responsible for providing services to Tennesseans with intellectual disabilities. 

“It has been a privilege for me to be able to serve as Deputy Commissioner of the Division of Intellectual Disabilities Services for the past six years," Norris said. "Thanks to the commitment and support of this administration, we have made great strides in improving and increasing services for individuals with intellectual disabilities in Tennessee.

July Revenues

Wednesday, August 12, 2009 | 08:36 am

NASHVILLE – State tax revenues continued to decline in July, making it the first time in Tennessee history the state has experienced a full year of negative growth.  Finance and Administration Commissioner Dave Goetz today reported July revenue collections, pointing to sales tax collections which have experienced negative growth for 17 out of the past 19 months when compared to the year before.

Recovery Act Brings $56 Million to Tennessee for Criminal Justice Programs

Thursday, August 06, 2009 | 02:15 pm

NASHVILLE - Governor Phil Bredesen today announced that grants totaling over $56 million are being awarded to cities and counties, state and local agencies and organizations that serve victims of crime in Tennessee through funding provided by the American Recovery and Reinvestment Act (ARRA).   

“These Recovery Act grants will have a significant impact across Tennessee, especially among local law enforcement agencies that are feeling the impact of the economic downturn,” Bredesen said. “I applaud local organizations for moving quickly to apply for these grants, which improve the criminal justice system by combating violent and drug-related crime and also bring together law enforcement, service programs, prosecutors and the courts to make sure victims and justice are served.”

June Revenues

Thursday, July 09, 2009 | 02:24 pm

NASHVILLE - State tax revenues continued to decline in June for the eleventh consecutive month of the fiscal year, Finance and Administration Commissioner Dave Goetz announced today. Tennessee sales tax collections have experienced negative growth for 16 of the past 18 months, when compared to the year before.

May Revenues

Monday, June 08, 2009 | 10:38 am

NASHVILLE - The decline in state tax collections continued for a tenth consecutive month in May, as overall May revenues were $716.5 million, or $123.3 million less than the state budgeted.  May also marks the fifteenth month of negative growth for sales tax collections in the past 17 months.

Administration Outlines FY 2009-2010 Budget Amendment

Wednesday, May 27, 2009 | 09:51 am
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

Thursday, May 07, 2009 | 10:27 am
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.