News Flash

City of Midland News Release

Posted on: April 12, 2018

April Sales Tax Revenue

The City of Midland has collected this month's revenue from the State Comptroller's Office. The total amount of revenue received was $3,785,987.

This month's figure reflects a 40.19 percent increase ($1,085,335 increase) from April 2017.

The year-to-date total sales tax revenue for fiscal year 2017-2018 is up 37.06 percent ($7,578,327 increase) from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $28,026,905.

Sales tax revenue is generated by sales tax income from two months prior to collection; April collection is based on February sales. The City’s fiscal year runs from October through the following September.

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Media Contact: Pam Simecka, Director of Finance, (432) 685-7210.

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