News Flash

City of Midland News Release

Posted on: February 6, 2019

February Sales Tax Revenue

The City of Midland has collected this month's revenue from the State Comptroller's Office. The total amount of revenue received was $5,771,097.

This month's figure reflects a 17.65 percent increase ($865,708 increase) from February 2018.

The year-to-date total sales tax revenue for fiscal year 2018-2019 is up 25.63 percent ($5,105,961 increase) from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $25,026,015.

Sales tax revenue is generated by sales tax income from two months prior to collection; February collection is based on December sales. The City’s fiscal year runs from October through the following September.

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Media Contact: Pam Simecka, Director of Finance. (432) 685-7210

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