City of Midland News Release

Posted on: June 7, 2017

June 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 $2,934,958. This month’s figure reflects a 16.55 percent increase, or a $416,865 increase, from June 2016.

The year-to-date total sales tax revenue for fiscal year 2016-2017 is down 3.82 percent, or a $1,059,996 decrease, from last year’s totals at this time. Fiscal year-to-date actual sales tax revenue is $26,671,083. 

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

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Media Contact: Finance Director Pam Simecka

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