Midland 2013 September Sales Tax Slightly Down from 2012 9/13/13
CBS 7 News
September 13, 2013
Midland - The City of Midland has collected this month's revenue from the State Comptroller's Office. The total amount of revenue received was $2,985,936.
This month's figure reflects a 5.44 percent decrease or a $171,630 decrease from September 2012.
The year-to-date total sales tax revenue for fiscal year 2012-2013 is up 10.82 percent or a $3,741,088 increase from last year's totals at this time. Fiscal year-to-date actual sales tax revenue is $38,328,418.
Sales tax revenue is generated by sales tax income from two months prior to collection; September collection is based on July sales.