JH&F Capitol View

Over the past four fiscal years, base budgets of state agencies have been reduced a total of $1.5 billion.  The Office of Legislative Budget Analysis has published the details.

The fines for most criminal offenses in Tennessee have not been increased since 1989.  Since that time, inflation has reduced the "real" cost of the fines substantially.  The FIscal Review Committee staff has published an interesting study of the eroding effect of inflation on t…

State revenue collections for the current fiscal year have exceeded original budgeted estimates by approximately $225 million for the first six months.  The excess is $221 million according to Fiscal Review Committee estimates and

Posted by James W. White | Tags: Fiscal Review Committee, Finance and Administration, Revenue Estimates

Read more | Comments (0) | Feb 28, 2012

As standing committees of the House and Senate begin closing in the next few weeks, committee action will begin shifting to the Finance, Ways and Means Committees (and the General Subcommittee of the House Finance Committee).  Any proposed legislation with a cost will be referred to these committees after consideration by other committees. The calendars of the Finance committees will become ver…

Once again, the Senate and House are not meeting in full session on Wednesday this week.  This will save two more legislative days, giving them seven after April 30 if they resume meeting three days per week next week.