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The original item was published from 8/11/2017 4:45:33 PM to 8/21/2017 12:00:06 AM.

News Flash

City of Midland News Release

Posted on: August 11, 2017

[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 $3,983,739. This month’s figure reflects a 27.83 percent increase, or a $867,273 increase, from August 2016.

The year-to-date total sales tax revenue for fiscal year 2016-2017 is up 1.54 percent, or a $514,383 increase, from last year’s totals at this time. Fiscal year-to-date actual sales tax revenue is $33,931,540. 

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

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Media Contact: Finance Director Pam Simecka

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