There are 4 article(s) tagged Butch Eley:
The Lee Administration will take about $600 million from its $4 billion in reserves to bolster the budget this year and next, but it won't go deep into those funds, instead opting to add more to the rainy day fund.
The Lee Administration is projecting COVID-related budget problems that will force the state to trim department budgets by 12% and to push off tax cuts such as phasing out the Hall income tax.
State leaders say they plan to use federal CARES Act money to keep from "extinguishing" the state’s $1.2 billion unemployment insurance trust fund.
Tennessee leaders are trying to figure out how to spend $3.6 billion in federal COVID-19 funds, about half of which has arrived in the state as officials remain worried about tax revenue shortfalls and their impact on state and local budgets.
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