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The original item was published from 12/13/2018 1:02:40 PM to 1/13/2019 10:00:07 AM.

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City of Midland News Release

Posted on: December 13, 2018

[ARCHIVED] December 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 $4,743,531.

This month's figure reflects a 28.59 percent increase ($1,054,710 increase) from December 2017.

The year-to-date total sales tax revenue for fiscal year 2018-2019 is up 29.56 percent ($3,349,728 increase) from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $14,679,920.

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