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The original item was published from 1/6/2016 3:14:35 PM to 2/12/2016 12:00:03 AM.

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City of Midland News Release

Posted on: January 6, 2016

[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 $2,820,685.

This month's figure reflects a 23.84 percent decrease, or a $883,094 decrease, from January 2015.

The year-to-date total sales tax revenue for fiscal year 2015-2016 is down 22.08 percent, or a $3,487,456 decrease, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $12,306,954.

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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