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The original item was published from 11/10/2016 11:05:17 AM to 12/16/2016 12:00:02 AM.

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City of Midland News Release

Posted on: November 10, 2016

[ARCHIVED] November 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 $3,076,676.

This month's figure reflects a 16.74 percent decrease, or a $618,445 decrease, from November 2015.

The year-to-date total sales tax revenue for fiscal year 2016-2017 is down 16.05 percent, or a $1,073,457 decrease, from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $5,615,061.

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

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Media Contact: Finance Director Pam Simecka

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