Odessa sales tax receipts continue to rise

ODESSA – The sales tax return for October 2012, which is reflective of August sales, increased 16.23 percent, extending a streak of year-over-year increases to 30 months. The city brought in $2,996,421.73 in the October check compared to October 2011’s $2,576,658.67.

The year-to-date sales tax checks are 23.66 percent higher in 2012 than they were in 2011.

The Ector County Hospital District and Odessa Development Corporation also continued to see increases in tax checks, with the hospital district receiving a 26.72 percent increase at $3,343,057.45, and the development corporation seeing a 3.99 percent increase at $599,284.35.

Midland’s sales tax revenues also increased, from $3,758,204.81 in October 2011 to $4,348,653.74 in October 2012, a 15.71 percent increase.

For cities and counties, see the Texas Comptroller of Public Accounts.