August sales tax revenue for City of Odessa totals over $6M - KWES NewsWest 9 / Midland, Odessa, Big Spring, TX: newswest9.com |

August sales tax revenue for City of Odessa totals over $6M

(Source: City of Odessa) (Source: City of Odessa)
ODESSA, TX (KWES) -

The City of Odessa has received its sales tax check for the month of August.

This month’s revenue totaled $6,377,123.06. The Odessa Development Corporation will receive $1,275,424.77 of this amount.

The other $5,101,699.06 will go to the City of Odessa.

Odessa saw a 34.59 percent increase compared to August 2017, pulling $1,311,255.51 over last year.

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The year-to-date total revenue for the 2017-18 fiscal year is up $19,480,430.27 compared to the budget. This comes to a 69.06 percent increase.

Compared to the previous fiscal year, the sales tax revenue is up 46.11 percent or $15,049,735.58.

For the current fiscal year the City of Odessa has budgeted $30,765,079. 

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