April 8, 2009
APRIL SALES TAX REVENUES
The City of Midland has collected this month's revenue from the State Comptroller's Office. The total amount of revenue received was $1,708,278.
This month's figure reflects a 6.92% increase or a $110,491 increase from April 2008.
The year-to-date total sales tax revenue for fiscal year 2008-2009 is up 15.99% or a $2,170,208 increase from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $15,740,992.
Sales tax revenue is generated by sales tax income from two months prior to collection; April collection is based on February sales.
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