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The original item was published from 3/9/2016 4:12:24 PM to 4/9/2016 12:00:16 AM.

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City of Midland News Release

Posted on: March 9, 2016

[ARCHIVED] March 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 $2,648,022.

This month's figure reflects a 22.41 percent decrease, or a $764,882 decrease, from March 2015.

The year-to-date total sales tax revenue for fiscal year 2015-2016 is down 19.7 percent, or a $4,755,327 decrease, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $19,380,104.

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


Media Contact: Finance Director Pam Simecka

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