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The original item was published from 7/8/2015 2:31:55 PM to 8/20/2015 12:00:02 AM.

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City of Midland News Release

Posted on: July 8, 2015

[ARCHIVED] July sales tax revenues released

The City of Midland has collected this month's sales tax revenue from the State Comptroller's Office.

The total amount of revenue received was $3,284,825.

This month's figure reflects a 7.32 percent decrease, or a $259,511 decrease, from July 2014.

The year-to-date total sales tax revenue for fiscal year 2014-2015 is up 5.82 percent, or a $2,071,826 increase, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $37,680,443.

Sales tax revenue is generated by sales tax income from two months prior to collection; July collection is based on May sales.

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Media Contact: Finance Director Pam Simecka

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