STATE OF TENNESSEE



FISCAL YEAR
2017 - 2018



BALANCED BUDGET | TRIPLE AAA BOND RATINGS

LOWEST DEBT IN THE NATION


budget
analysis
pension
ranking

FY 2017 - 2018
Budget Summary

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FY 2017 - 2018
Budget Highlights


Final budget passed by the General Assembly in April 2017. To take affect July 1, 2017.



State Budget Comparison
1970 - 2016


Chart of annual budget growth
Winfield Dunn - Bill Haslam.


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The Budget Surplus


Tennessee has a large backlog of capital maintenance and improvement projects due to the lean budget years during the Bredesen and Sundquist administrations.


Hundreds of capital projects were delayed until another day. Governor Haslam used a large amount of the budget surplus to complete these projects.


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Budget Information



The Fiscal Review Committee is a legislative oversight committee that oversees a staff of economists and accountants who analyze legislation and state government.

Rep. Susan Lynn has been elected to serve two terms on this committee.


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budget summary



2017 - 2018




BUDGET SUMMARY



2016 - 2017




BUDGET SUMMARY



2015 - 2016




BUDGET SUMMARY



2014 - 2015




BUDGET SUMMARY



2013 - 2014




Snapshot



Tennessee's Public Employee Pension System





Funded ratio: 95%
Net amortization benchmark: $571 million
Percent benchmark paid: 184%


Rankings based on Investment performance, volatility, and contribution policies.


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State Economic Competitiveness Index



Overall Ranking for 2017


Rich States, Poor States examines the latest movements in state economic growth and competitiveness. Economic outlook of states is ranked by using fifteen equally weighted policy variables, including various tax rates, regulatory burdens and labor policies.

​

Rich States, Poor States: ALEC-Laffer, is authored by economist Dr. Arthur B. Laffer Stephen Moore, distinguished visiting fellow at the Heritage Foundation and Jonathan Williams, vice president of the ALEC Center for State Fiscal Reform.


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Capitol office: 425 5th Avenue North, Suite 426, Cordell Hull Bldg., Nashville, TN 37243 | (615) 741-7462 | rep.susan.lynn@capitol.tn.gov