Tennessee reports $1.2 billion surplus during past fiscal year

By: Adam Friedman

Outlets: Tennessee Lookout

Published: August 18, 2026

Words: 287

Last Updated: 8 hours, 32 minutes ago

Body Text Preview

Tennessee’s next governor will enter office with a $1.2 billion surplus, after the state finalized the books on its most recent fiscal year.

State Finance and Administration Commissioner Jim Bryson said in a news release that the surplus was partly driven by inflation and higher-than-expected corporate tax collections.

“It’s important to remain cautious,” Bryson said. “These corporate estimated payments may require some adjustments.”

Tennessee had a budget of nearly $60 billion …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

About

FAQ

Email Us