Preparation, deliberation, and execution of the budget is a continual process throughout the year. Tennessee's budget process begins in August of each year when the Commissioner of Finance and Administration issues budget instructions to all departments and agencies of state government.
Agency budget requests are submitted to Finance and Administration, usually by October 1. During October and November, the Governor meets with the departments and agencies to hear their budget proposals for the following fiscal year.
After hearing from departments and agencies, the Governor prepares the fiscal proposal and presents it to the General Assembly early in the calendar year. Lawmakers must pass a balanced budget before the fiscal year begins on July 1 of each year.
The Budget Division develops estimates of monthly tax revenues based on the work of various economic advisors and the actions of the State Funding Board. Actual tax revenue collections are monitored throughout the year against these estimates. Click on the link below for information regarding tax revenue estimates and the monthly collection reports:
For information regarding career opportunities in the Budget Division, click the link below: