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The original item was published from 2/10/2016 4:58:45 PM to 2/10/2016 6:03:12 PM.

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City of Midland News Release

Posted on: February 10, 2016

[ARCHIVED] February 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 $4,425,128.

This month's figure reflects a 10.21 percent decrease, or a $502,989 decrease, from February 2015.

The year-to-date total sales tax revenue for fiscal year 2015-2016 is down 19.26 percent, or a $3,990,445 decrease, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $20,722,527.

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


Media Contact: Finance Director Pam Simecka

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