News Flash

City of Midland News Release

Posted on: February 8, 2024

CITY OF MIDLAND REPORTS RECORD SALES TAX COLLECTION

City Alert- Facebook Twitter

CITY OF MIDLAND REPORTS RECORD SALES TAX COLLECTION


(February 8, 2024)

MIDLAND, TEXAS -- The City of Midland reported receiving a record sales tax collection for any month.

The City showed a collection of $6,693,675 this month to beat the collection from February 2023 ($6,599,940) and to beat the all-time monthly mark ($6,650,766) set in August 2023.

The City of Midland also showed its year-to-date collection from the Texas Comptroller increased to $28.921 million, which topped the $28.681 million collected through the first five months of the fiscal year last year.

Sales tax revenue is generated by sales tax income from two months prior to collection; February’s collection is based on December sales. The City of Midland collects a full cent of the 8.25% of sales tax inside the City of Midland.


Sales Tax report

City of Midland

February 2024: $6,693,675

February 2023: $6,599,940

Percentage increase: 1.42

FY 2024 to-date: $28,921,990

FY 2023 to-date: $28,681,167

Percentage increase: 0.84

 

Midland Development Corp.

February 2024: $1,673,419

FY 2024 to-date: $7,230,498

Source: City of Midland


###

 

 

 

Facebook Twitter Email

Other News in City of Midland News Release

Outside Agency

Outside Agencies Funding 2024-2025

Posted on: February 26, 2024
Golf Course Survey

Golf Course Survey

Posted on: February 9, 2024
PD release square

SWAT helps MPD make Monday night arrest

Posted on: February 20, 2024
MAF front square

City on record pace at airport

Posted on: February 15, 2024
skyline - square

How Midland ranks for remote workers

Posted on: February 14, 2024
concrete workers - square

Midland among leaders in employment gains

Posted on: February 12, 2024
Traffic alert 2024

Traffic Alert from the City of Midland

Posted on: February 9, 2024
City Local Alert-2024

City of Midland: Water Main Break in Central Midland

Posted on: February 7, 2024 | Last Modified on: February 3, 2014
skyline

STUDY: MIDLAND RANKS 3RD IN TEXAS IN ADDITION OF HIGH-INCOME HOUSEHOLDS

Posted on: February 5, 2024 | Last Modified on: February 3, 2014
ReNew construction square 1

WHAT'S THAT ... IN NORTHEAST MIDLAND?

Posted on: January 29, 2024
Utilities

Water Contaminant Level Warning

Posted on: December 15, 2023
City of Midland x Delta (1)

City of Midland Press Release

Posted on: December 15, 2023