Another double-digit drop for sales tax figures

Here is the report for July.

July 2009 collections: $1,717,694
July 2008 collections: $2,093,538
Percent decrease: 17.95
Note: The city has experienced four decreases in the last five months.

Fiscal year-to-date total: $21,301,477
Percent Increase from last year: 6.47
Amount dedicated in July to pay off the Scharbauer Sports Complex and fund the Midland Development Corp.: $429,423

Consecutive double-digit decreases
May 10.85
June 12.28
July 17.95

Note: Sales tax collection is generated by sales tax income from two months before.
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Source: City of Midland reports