MIDLAND, Texas — The City of Midland has collected March's revenue from the State Comptroller's Office. The total amount of revenue received was $4,702,936.
This figure reflects a 15.22 percent increase or a dollar amount increase of $621,097 from this same time last year.
The year-to-date total sales tax revenue for fiscal year 2018-2019 is up 20.86 percent which represents $7,703,506 increase from last year's totals at this time.
Fiscal year-to-date actual sales tax revenue currently sits at $44,636,599.
Sales tax revenue is generated by sales tax income from two months prior to collection; June collection is based on March sales.
The City’s fiscal year runs from October through the following September.
