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January 2016 Motor Vehicle LicensingOver 2016 January YTD (Under)% Budget Actual Actual Budget Current Revenue Interest Earnings 2,000 0 0 (2,000)0.00%(1) Charges for Services 406,830 33,355 33,355 (373,475)8.20% Total Revenue 408,830 33,355 33,355 (375,475)8.16% Expenses: Motor Vehicle Licensing 408,330 24,719 24,719 (383,611)6.05% Total Expenses 408,330 24,719 24,719 (383,611)6.05% (1) Interest Earnings are allocated at year-end. City of Golden Valley Monthly Budget Report - Motor Vehicle Licensing Enterprise Fund January 2016 (unaudited)