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May 2017 Motor Vehicle LicensingOver 2017 May YTD (Under)% Budget Actual Actual Budget Current Revenue Interest Earnings 2,000 0 0 (2,000)0.00%(1) Charges for Services 423,165 47,203 210,204 (212,961)49.67% Total Revenue 425,165 47,203 210,204 (214,961)49.44% Expenses: Motor Vehicle Licensing 424,720 29,512 159,136 (265,584)37.47% Total Expenses 424,720 29,512 159,136 (265,584)37.47% (1) Interest Earnings are allocated at year-end. City of Golden Valley Monthly Budget Report - Motor Vehicle Licensing Enterprise Fund May 2017 (unaudited)