City of Odessa's May sales tax check totals over $6M

City of Odessa's May sales tax check totals over $6M
(Source: City of Odessa)

ODESSA, TX (KWES) - The City of Odessa received its May sales tax check on May 9.

The total of the check came out to $6,599,447.47.  Included in the check is the Economic Development sales tax of one-fourth of a cent.

The City of Odessa will receive $5,279,557.98 from the check while the Odessa Development Corporation will receive $1,319,889.49.

The year-to-date total sales tax revenue for the 2017-2018 fiscal year is up by 63.11% compared to the budgeted amount expected, while the 2017-2018 year-to-date amount is up 48.13% from the previous year.

Currently the City of Odessa has budgeted $30,765,079 in net sales tax revenues for the current fiscal year.

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