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The original item was published from 11/10/2017 2:35:17 PM to 11/25/2017 5:05:01 PM.

News Flash

City of Midland News Release

Posted on: November 10, 2017

[ARCHIVED] November 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 $4,004,231.

This month's figure reflects a 31.45 percent increase ($967,555 increase) from November 2016.

The year-to-date total sales tax revenue for fiscal year 2017-2018 is up 36.09 percent ($2,026,311 increase) from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $7,641,372.

Sales tax revenue is generated by sales tax income from two months prior to collection; November collection is based on September 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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