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The original item was published from 8/10/2016 2:37:15 PM to 9/15/2016 12:00:03 AM.

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City of Midland News Release

Posted on: August 10, 2016

[ARCHIVED] August 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 $3,116,465.

This month's figure reflects a 17.69 percent decrease, or a $669,818 decrease, from August 2015.

The year-to-date total sales tax revenue for fiscal year 2015-2016 is down 19.41 percent, or a $8,049,570 decrease, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $33,417,156.

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


Media Contact: Finance Director Pam Simecka

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