City of Midland News Release

Posted on: May 10, 2017

May 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 $3,287,547. This month’s figure reflects a 3.67 percent decrease, or a $125,303 decrease, from May 2016.

The year-to-date total sales tax revenue for fiscal year 2016-2017 is down 5.86 percent, or a $1,476,860 decrease, from last year’s totals at this time. Fiscal year-to-date actual sales tax revenue is $23,736,125. 

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

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Media Contact: Finance Director Pam Simecka

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