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The original item was published from 4/6/2016 2:21:23 PM to 5/12/2016 12:00:07 AM.

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City of Midland News Release

Posted on: April 6, 2016

[ARCHIVED] April 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 $2,420,031.

This month's figure reflects a 21.34 percent decrease, or a $656,669 decrease, from April 2015.

The year-to-date total sales tax revenue for fiscal year 2015-2016 is down 19.89 percent, or a $5,411,995 decrease, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $21,800,135.

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

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Media Contact: Finance Director Pam Simecka

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