News Flash

City of Midland News Release

Posted on: January 10, 2019

January 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 $4,574,997.

This month's figure reflects a 24.17 percent increase ($890,524 increase) from January 2018.

The year-to-date total sales tax revenue for fiscal year 2018-2019 is up 28.24 percent ($4,240,252 increase) from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $19,254917.

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