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August 2018 Motor Vehicle Licensing FundOver 2018 Aug YTD (Under)% Budget Actual Actual Budget Current Revenue Interest Earnings 2,880 0 0 (2,880)0.00%(1) Charges for Services 469,965 36,504 314,241 (155,724)66.86% Total Revenue 472,845 36,504 314,241 (158,604)66.46% Expenses: Motor Vehicle Licensing 423,335 35,710 277,946 (145,389)65.66% Total Expenses 423,335 35,710 277,946 (145,389)65.66% (1) Interest Earnings are allocated at year-end. City of Golden Valley Monthly Budget Report - Motor Vehicle Licensing Enterprise Fund August 2018 (unaudited)