Revenues for June in Tennessee were $2.3 billion, which is $283.3 million more than the budgeted monthly revenue estimate. State tax revenues were $38.7 million more than June 2022 and the overall growth rate was 1.74 percent.
On an accrual basis, June is the eleventh month in the 2022-2023 fiscal year.
Year-to-date revenues, for eleven months, are $2.3 billion more than the budgeted estimate. The general fund recorded $2.1 billion more than the budgeted estimate and the four other funds were $188.8 million more than estimated.