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The original item was published from 7/9/2014 3:42:02 PM to 7/18/2014 9:12:32 AM.

News Flash

City of Midland News Release

Posted on: July 9, 2014

[ARCHIVED] July 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 $3,544,336.

This month's figure reflects a 14.55 percent increase, or a $450,165 increase, from July 2013.

The year-to-date total sales tax revenue for fiscal year 2013-2014 is up 12.39 percent, or a $3,924,687 increase, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $35,608,617.

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

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Media Contact: Finance Director Pam Simecka

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