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June 2018 Motor Vehicle Licensing FundOver 2018 June YTD (Under)% Budget Actual Actual Budget Current Revenue Interest Earnings 2,880 0 0 (2,880)0.00%(1) Charges for Services 469,965 39,133 239,010 (230,955)50.86% Total Revenue 472,845 39,133 239,010 (233,835)50.55% Expenses: Motor Vehicle Licensing 423,335 33,625 204,778 (218,557)48.37% Total Expenses 423,335 33,625 204,778 (218,557)48.37% (1) Interest Earnings are allocated at year-end. City of Golden Valley Monthly Budget Report - Motor Vehicle Licensing Enterprise Fund June 2018 (unaudited)