Saturday, March 12, 2011

More Cuatious Optimism

Looks like state sales tax revenues in the month of February were a little above what was expected.
As reported by Tom Humphrey:
Department of Finance and Administration Commissioner Mark Emkes today announced that overall February revenues were $669.7 million, which is $7.2 million more than the state budgeted. Although the over collection is modest, it's the seventh consecutive month of positive growth this fiscal year. February sales tax collections, which reflect consumer spending that occurred during January, recorded the 11th consecutive month of positive growth.
Another aspect of this report that I note was a quote from Mark Emkes, Governor Haslam’s Department of Finance and Administration Commissioner:
"Governor Bill Haslam will present his first budget to the General Assembly next week, and it will be a conservative, fiscally responsible and balanced budget. We'll work closely with the legislature to ensure we end this fiscal year not only in a balanced posture, but well prepared for the years ahead."
As the RCC moves closer and closer to the spring and summer months, I hope the RCC can put together a similar budget for the citizens of Robertson County.