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The original item was published from 8/12/2015 12:24:20 PM to 9/17/2015 12:00:02 AM.

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City of Midland News Release

Posted on: August 12, 2015

[ARCHIVED] August 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 $3,786,283.

This month's figure reflects a 7.76 percent decrease, or a $318,650 decrease, from August 2014.

The year-to-date total sales tax revenue for fiscal year 2014-2015 is up 4.41 percent, or a $1,753,176 increase, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $41,466,726.

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


Media Contact: Finance Director Pam Simecka

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