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January 2015 Motor Vehicle Fund City of Golden Valley Monthly Budget Report- Motor Vehicle Licensing Enterprise Fund January 2015 (unaudited) Over 2015 January YTD (Under) % Budget Actual Actual Budget Current Revenue Interest Earnings 2,000 0 0 (2,000) 0.00% (1) Charges for Services 406,330 27,881 27,881 (378,449) 6.86% Total Revenue 408,330 27,881 27,881 (380,449) 6.83% Expenses: Motor Vehicle Licensing 408,330 22,021 22,021 (386,309) 5.39% Total Expenses 408,330 22,021 22,021 (386,309) 5.39% (1) Interest Earnings are allocated at year-end.