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The original item was published from 12/11/2013 5:03:23 PM to 7/18/2014 9:12:32 AM.

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City of Midland News Release

Posted on: December 11, 2013

[ARCHIVED] December Sales Tax Revenues

The City of Midland has collected this month's revenue from the State Comptroller's Office. The total amount of revenue received was $3,317,570.

This month's figure reflects a 10.63 percent increase or a $318,656 increase from December 2012.

The year-to-date total sales tax revenue for fiscal year 2013-2014 is up 11.26 percent or a $1,036,716 increase from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $10,241,582.

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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