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The original item was published from 1/7/2015 5:58:26 PM to 2/12/2015 12:05:01 AM.

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City of Midland News Release

Posted on: January 7, 2015

[ARCHIVED] January 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 $3,703,779.

This month's figure reflects a 15.88 percent increase, or a $507,566 increase, from January 2014.

The year-to-date total sales tax revenue for fiscal year 2014-2015 is up 17.54 percent, or a $2,356,615 increase, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $13,437,795.

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


Media Contact: Finance Director Pam Simecka

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