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The original item was published from 9/8/2016 3:30:06 PM to 10/13/2016 12:00:03 AM.

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City of Midland News Release

Posted on: September 8, 2016

[ARCHIVED] September 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 $2,514,867.

This month's figure reflects a 19.11 percent decrease, or a $594,148 decrease, from September 2015.

The year-to-date total sales tax revenue for fiscal year 2015-2016 is down 19.39 percent, or a $8,643,717 decrease, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $35,932,024.

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

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Media Contact: Finance Director Pam Simecka

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