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The original item was published from 12/11/2014 11:51:55 AM to 1/7/2015 5:58:37 PM.

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City of Midland News Release

Posted on: December 11, 2014

[ARCHIVED] December sales tax revenues released

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 $3,768,959.

This month's figure reflects a 13.61 percent increase, or a $451,389 increase, from December 2014.

The year-to-date total sales tax revenue for fiscal year 2014-2015 is up 18.05 percent, or a $1,849,049 increase, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $12,090,631.

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

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Media Contact: Finance Director Pam Simecka

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