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The original item was published from 2/13/2014 1:58:09 PM to 2/13/2014 1:59:14 PM.

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City of Midland News Release

Posted on: February 13, 2014

[ARCHIVED] February 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 $4,360,197.

This month's figure reflects a 8.93 percent increase, or a $353,789 increase, from February 2013.

The year-to-date total sales tax revenue for fiscal year 2013-2014 is up 10.08 percent, or a $1,629,038 increase, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $17,797,992.

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


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