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June 2019 Motor Vehicle Licensing FundOver 2019 June YTD (Under)% Budget Actual Actual Budget Current Revenue Interest Earnings 3,000 0 0 (3,000)0.00%(1) State Aid -MNLARS 0 126,926 126,926 126,926 Charges for Services 464,515 37,065 241,368 (223,147)51.96% Total Revenue 467,515 163,991 368,294 (99,221)78.78% Expenses: Motor Vehicle Licensing 446,080 29,634 202,181 (243,899)45.32% Total Expenses 446,080 29,634 202,181 (243,899)45.32% (1) Interest Earnings are allocated at year-end. City of Golden Valley Monthly Budget Report - Motor Vehicle Licensing Enterprise Fund June 2019 (unaudited)