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Parts of Crossville were hit with a flash flood early Saturday afternoon, after a short stint of heavy rain that caught many off guard.More >> Parts of Crossville were hit with a flash flood early Saturday afternoon, after a short stint of heavy rain that caught many off guard.More >> Police investigating reports of an intoxicated driver made an unexpected discovery when a traffic stop yielded 335 pounds of marijuana.More >> Police investigating reports of an intoxicated driver made an unexpected discovery when a traffic stop yielded 335 pounds of marijuana.More >> The Chattanooga market will add hundreds of hotel rooms in the coming year, following four years of booming revenues for its hotel industry.More >> The Chattanooga market will add hundreds of hotel rooms in the coming year, following four years of booming revenues for its hotel industry.More >> A Powerball ticket sold in Tennessee barely missed winning a share of an estimated $590.5 million prize. But the ticket has a nice consolation prize worth $1 million.More >> A Powerball ticket sold in Tennessee barely missed winning a share of an estimated $590.5 million prize. But the ticket has a nice consolation prize worth $1 million.More >> A Knox County man is being charged for the murder of his brother, according to the Knox County Sheriff's Office.More >> A Knox County man is being charged for the murder of his brother, according to the Knox County Sheriff's Office.More >> A Maryville man is dead after a fiery wreck on Saturday morning, according to a Tennessee Highway Patrol accident report.More >> A Maryville man is dead after a fiery wreck on Saturday morning, according to a Tennessee Highway Patrol accident report.More >> Leaders of Nashville's convention center already are mapping out a possible future expansion of a center that spans six downtown blocks and sits on 19 acres.More >> Leaders of Nashville's convention center already are mapping out a possible future expansion of a center that spans six downtown blocks and sits on 19 acres.More >> Witnesses described a frantic scene and close calls after an elderly driver plowed into dozens of hikers marching in a small Virginia mountain town's parade.More >> An emergency official says authorities believe the driver who plowed into dozens of hikers marching in a Virginia mountain town parade suffered from a medical condition and did not cause the crash intentionally.More >> A program to help soldiers get loans to purchase homes has gotten a permanent extension.More >> A program to help soldiers get loans to purchase homes has gotten a permanent extension.More >> First lady Michelle Obama has some advice for some Tennessee high school graduates: strike your own path in college and life and work to overcome inevitable failures with determination and grit.More >> First lady Michelle Obama has some advice for some Tennessee high school graduates: strike your own path in college and life and work to overcome inevitable failures with determination and grit.More >>
NASHVILLE (AP) - Tennessee's general fund revenue collections beat expectations by more than $12 million in May, topping $400 million for the budget year so far.
Sales tax collections, which make up about two out of three state tax dollars, exceeded estimates by more than $17 million.
The general fund had a surplus of more than $412 million through the first 10 months of the budget year. About half of that total was incorporated into the state's annual spending plan, but the State Funding Board did not meet to recognize the remainder of the better-than-expected revenues.
Minority Democrats argued that the money could have been used to increase a cut in the state's sales tax on groceries or to hold tuition hikes in check.
Republicans decided to hold the extra money in reserve.
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