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The original item was published from 2/11/2015 5:31:46 PM to 3/19/2015 12:05:02 AM.

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City of Midland News Release

Posted on: February 11, 2015

[ARCHIVED] February 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 $4,928,117.

This month's figure reflects a 13.03 percent increase, or a $567,920 increase, from February 2014.

The year-to-date total sales tax revenue for fiscal year 2014-2015 is up 16.43 percent, or a $2,924,535 increase, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $20,722,527.

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

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Media Contact: Finance Director Pam Simecka

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