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The original item was published from 3/12/2014 5:57:49 PM to 7/18/2014 9:12:32 AM.

News Flash

City of Midland News Release

Posted on: March 12, 2014

[ARCHIVED] March Sales Tax Revenues

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 $3,417,444.

This month's figure reflects a 12.6 percent increase, or a $382,301 increase, from March 2013.

The year-to-date total sales tax revenue for fiscal year 2013-2014 is up 10.47 percent, or a $2,011,339 increase, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $21,215,436.

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

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Media Contact: Finance Director Pam Simecka

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