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August 2016 Motor Vehicle LicensingOver 2016 August YTD (Under)% Budget Actual Actual Budget Current Revenue Interest Earnings 2,000 0 0 (2,000)0.00%(1) Charges for Services 406,830 43,280 321,633 (85,197)79.06% Total Revenue 408,830 43,280 321,633 (87,197)78.67% Expenses: Motor Vehicle Licensing 408,330 30,553 242,418 (165,912)59.37% Total Expenses 408,330 30,553 242,418 (165,912)59.37% (1) Interest Earnings are allocated at year-end. City of Golden Valley Monthly Budget Report - Motor Vehicle Licensing Enterprise Fund August 2016 (unaudited)