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May 2016 Motor Vehicle LicensingOver 2016 May YTD (Under)% Budget Actual Actual Budget Current Revenue Interest Earnings 2,000 0 0 (2,000)0.00%(1) Charges for Services 406,830 40,352 196,004 (210,826)48.18% Total Revenue 408,830 40,352 196,004 (212,826)47.94% Expenses: Motor Vehicle Licensing 408,330 37,320 154,480 (253,850)37.83% Total Expenses 408,330 37,320 154,480 (253,850)37.83% (1) Interest Earnings are allocated at year-end. City of Golden Valley Monthly Budget Report - Motor Vehicle Licensing Enterprise Fund May 2016 (unaudited)