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The original item was published from 8/6/2014 4:39:44 PM to 9/4/2014 9:08:13 AM.

News Flash

City of Midland News Release

Posted on: August 6, 2014

[ARCHIVED] August 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 $4,104,933.

This month's figure reflects a 12.2 percent increase, or a $446,381 increase, from August 2013.

The year-to-date total sales tax revenue for fiscal year 2013-2014 is up 12.37 percent, or a $4,371,068 increase, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $39,713,550.

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

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Media Contact: Finance Director Pam Simecka

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