The City of Midland has collected this month's revenue from the State Comptroller's Office. The total amount of revenue received was $4,824,350.
This month's figure reflects a 46.75 percent increase ($1,536,803 increase) from May 2017.
The year-to-date total sales tax revenue for fiscal year 2017-2018 is up 38.40 percent ($9,115,129 increase) from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $32,851,254.
Sales tax revenue is generated by sales tax income from two months prior to collection; May collection is based on March sales. The City’s fiscal year runs from October through the following September.
Media Contact: Pam Simecka, Director of Finance. (432) 685-7210.