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July 2018 Motor Vehicle Licensing FundOver 2018 July YTD (Under)% Budget Actual Actual Budget Current Revenue Interest Earnings 2,880 0 0 (2,880)0.00%(1) Charges for Services 469,965 38,727 277,737 (192,228)59.10% Total Revenue 472,845 38,727 277,737 (195,108)58.74% Expenses: Motor Vehicle Licensing 423,335 37,393 242,236 (181,099)57.22% Total Expenses 423,335 37,393 242,236 (181,099)57.22% (1) Interest Earnings are allocated at year-end. City of Golden Valley Monthly Budget Report - Motor Vehicle Licensing Enterprise Fund July 2018 (unaudited)