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March 2015 Motor Vehicle Fund City of Golden Valley Monthly Budget Report-Motor Vehicle Licensing Enterprise Fund March 2015(unaudited) Over 2015 March YTD (Under) % Budget Actual Actual Budget Current Revenue Interest Earnings 2,000 0 0 (2,000) 0.00% (1) Charges for Services 406,330 36,561 97,068 (309,262) 23.89% Total Revenue 408,330 36,561 97,068 (311,262) 23.77% Expenses: Motor Vehicle Licensing 408,330 32,089 85,838 (322,492) 21.02% Total Expenses 408,330 32,089 85,838 (322,492) 21.02% (1) Interest Earnings are allocated at year-end.