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The original item was published from 2/8/2018 4:05:48 PM to 2/23/2018 4:00:09 PM.

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City of Midland News Release

Posted on: February 8, 2018

[ARCHIVED] February Sales Tax Revenue

The City of Midland has collected this month's revenue from the State Comptroller's Office. The total amount of revenue received was $4,905,389.

This month's figure reflects a 34.24 percent increase ($1,251,282 increase) from February 2017.

The year-to-date total sales tax revenue for fiscal year 2017-2018 is up 33.78 percent ($5,029,495 increase) from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $19,920,054.

Sales tax revenue is generated by sales tax income from two months prior to collection; February collection is based on December sales. The City’s fiscal year runs from October through the following September.

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Media Contact: Pam Simecka, Director of Finance. (432) 685-7210.

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