Amending budget 3/2015: surplus from the financial year 2014
PURPOSE: to present the Draft Amending Budget (DAB) No 3/2015.
CONTENT: the present Draft Amending Budget (DAB) No 3/2015 is intended to budget the surplus resulting from the implementation of the budget year 2014. As provided for in the Financial Regulation applicable to the general budget of the Union, under Article 18 § 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 at end March 2015.
Surplus: the implementation of the budget year 2014 shows a surplus of EUR 1 434 557 707.74, which is therefore entered as revenue in the 2015 budget.
The budgeting of the surplus will diminish accordingly the global contribution of the Member States to the financing of the 2015 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),
- Gross National Income (GNI)) including the updated amount of the UK correction which will be available after the Advisory Committee on Own Resources (ACOR) meeting in May 2015.