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July 2016 Motor Vehicle LicensingOver 2016 July YTD (Under)% Budget Actual Actual Budget Current Revenue Interest Earnings 2,000 0 0 (2,000)0.00%(1) Charges for Services 406,830 41,315 278,283 (128,547)68.40% Total Revenue 408,830 41,315 278,283 (130,547)68.07% Expenses: Motor Vehicle Licensing 408,330 29,610 211,848 (196,482)51.88% Total Expenses 408,330 29,610 211,848 (196,482)51.88% (1) Interest Earnings are allocated at year-end. City of Golden Valley Monthly Budget Report - Motor Vehicle Licensing Enterprise Fund July 2016 (unaudited)