Amending budget 2/2011: 2010 budget surplus

PURPOSE: to present Draft Amending Budget No 3 to the General Budget 2011.

CONTENT: the present Draft Amending Budget (DAB) No 3/2011 is intended to budget the surplus resulting from the implementation of the budget year 2010. As provided for in the Financial Regulation applicable to the general budget of the European Communities, under Article 15(3), it is the only subject of this DAB and it has to be submitted within 15 days following the submission of the provisional accounts, which took place on 31 March 2011.

The implementation of the budget year 2010 shows a surplus of EUR 4 539 394 283 (not including contributions from European Free Trade Association (EFTA) and European Economic Area (EEA)), which is therefore entered as revenue in the 2011 budget.

The budgeting of the surplus will diminish accordingly the global contribution of the Member States to the financing of the EU Budget. This global decrease by Member State will also be influenced by the updated own resources forecast (Traditional Own Resources (TOR), Value Added Tax (VAT) and Gross National Income (GNI)) including the updated amount of the UK correction. In June 2011, the Commission will present, in a separate Draft Amending Budget, updated forecasts, which are expected to change further the amounts of the contributions by country.