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

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