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The original item was published from 5/6/2015 6:50:06 PM to 5/6/2015 7:18:26 PM.

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City of Midland News Release

Posted on: May 6, 2015

[ARCHIVED] May 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 $3,985,594.

This month's figure reflects a 2.72 percent decrease, or a $111,449 decrease, from May 2014.

The year-to-date total sales tax revenue for fiscal year 2014-2015 is up 9.72 percent, or a $2,763,273 increase, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $31,197,725.

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

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Media Contact: Finance Director Pam Simecka

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