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February 2018 Motor Vehicle Licensing FundOver 2018 February YTD (Under)% Budget Actual Actual Budget Current Revenue Interest Earnings 2,880 0 0 (2,880)0.00%(1) Charges for Services 469,965 38,827 77,531 (392,434)16.50% Total Revenue 472,845 38,827 77,531 (395,314)16.40% Expenses: Motor Vehicle Licensing 423,335 36,146 65,631 (357,704)15.50% Total Expenses 423,335 36,146 65,631 (357,704)15.50% (1) Interest Earnings are allocated at year-end. City of Golden Valley Monthly Budget Report - Motor Vehicle Licensing Enterprise Fund February 2018 (unaudited)