The City of Midland has released the best monthly sales tax report – by percentage – since the start of the pandemic / economic downturn.
The city showed that $ 4.625 million in sales taxes were collected in November. This was 17.60% more than in November 2020. This percentage was also higher than in September, when a 17.36% increase was reported.
Records from the city of Midland show that the total collection for November 2021 was lower than the same months in 2018 and 2019, but higher than the other months of November dating back to at least 2012.
Midland County raised $ 4.692 million, 48.5% more than in November 2020.
Sales tax revenue is generated by sales tax revenue two months prior to collection, that is, November collection is based on September sales.
November sales tax return
Town of Midland
November 2021: $ 4,625,416
November 2020: $ 3,933,038
Percent difference: 17.6
Year-to-date 2021: $ 8,510,791
Year-to-date 2020: $ 8,745,271
Percent difference: -2.68
The last five of November
2021: $ 4,625,416
2020: $ 3,933,038
2019: $ 5,065,428
2018: $ 5,261,274
2017: $ 4,044,234
Source: Town of Midland
