News Flash Home
The original item was published from 5/10/2017 2:30:23 PM to 6/15/2017 12:00:06 AM.

News Flash

City of Midland News Release

Posted on: May 10, 2017

[ARCHIVED] 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.

### 

Media Contact: Finance Director Pam Simecka

Facebook Twitter Email

Other News in City of Midland News Release