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May 2018 Motor Vehicle Licensing FundOver 2018 May YTD (Under)% Budget Actual Actual Budget Current Revenue Interest Earnings 2,880 0 0 (2,880)0.00%(1) Charges for Services 469,965 43,707 199,877 (270,088)42.53% Total Revenue 472,845 43,707 199,877 (272,968)42.27% Expenses: Motor Vehicle Licensing 423,335 31,357 171,152 (252,183)40.43% Total Expenses 423,335 31,357 171,152 (252,183)40.43% (1) Interest Earnings are allocated at year-end. City of Golden Valley Monthly Budget Report - Motor Vehicle Licensing Enterprise Fund May 2018 (unaudited)