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March 2018 Motor Vehicle Licensing FundOver 2018 March YTD (Under)% Budget Actual Actual Budget Current Revenue Interest Earnings 2,880 0 0 (2,880)0.00%(1) Charges for Services 469,965 38,086 115,617 (354,348)24.60% Total Revenue 472,845 38,086 115,617 (357,228)24.45% Expenses: Motor Vehicle Licensing 423,335 31,571 97,202 (326,133)22.96% Total Expenses 423,335 31,571 97,202 (326,133)22.96% (1) Interest Earnings are allocated at year-end. City of Golden Valley Monthly Budget Report - Motor Vehicle Licensing Enterprise Fund March 2018 (unaudited)