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The original item was published from 11/4/2015 1:57:28 PM to 12/17/2015 12:00:01 AM.

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City of Midland News Release

Posted on: November 4, 2015

[ARCHIVED] November 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 $3,695,121.

This month's figure reflects a 16.08 percent decrease, or a $707,861 decrease, from November 2014.

The year-to-date total sales tax revenue for fiscal year 2015-2016 is down 19.63 percent, or a $1,633,154 decrease, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $8,321,672.

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


Media Contact: Finance Director Pam Simecka

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