Erik Schelzig in the Tennessee Journal’s On the Hill blog notes that Tennessee’s April revenues were $600 million more than the budgeted estimate.
Go ahead, read that again. In one month, the state collected $600 million more than planned.
Here’s more from Schelzig:
Tennessee’s general fund revenue collections were nearly $600 million above estimates in April, bringing the state’s surplus to $1.9 billion through the first nine months of the budget year.