News Flash Home
The original item was published from 9/13/2018 8:43:00 AM to 10/13/2018 10:00:08 PM.

News Flash

City of Midland News Release

Posted on: September 13, 2018

[ARCHIVED] September 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 $4,458,867.

This month's figure reflects a 25.82 percent increase ($914,990 increase) from September 2017.

The year-to-date total sales tax revenue for fiscal year 2017-2018 is up 36.4 percent ($13,642,236 increase) from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $51,117,653.

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


###


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

Facebook Twitter Email