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June 2016 Motor Vehicle LicensingOver 2016 June YTD (Under)% Budget Actual Actual Budget Current Revenue Interest Earnings 2,000 0 0 (2,000)0.00%(1) Charges for Services 406,830 41,016 236,968 (169,862)58.25% Total Revenue 408,830 41,016 236,968 (171,862)57.96% Expenses: Motor Vehicle Licensing 408,330 27,757 182,238 (226,092)44.63% Total Expenses 408,330 27,757 182,238 (226,092)44.63% (1) Interest Earnings are allocated at year-end. City of Golden Valley Monthly Budget Report - Motor Vehicle Licensing Enterprise Fund June 2016 (unaudited)