Amending budget 2/2014: surplus from the budget year 2013
PURPOSE: the presentation of draft amending budget (DAB) No 2 to the General Budget 2014 which aims to budget the surplus resulting from the implementation of the budget year 2013
CONTENT: this draft budget (DAB) No 2 seeks to budget the surplus resulting from the implementation of the budget year 2013.
As provided for in the Financial Regulation applicable to the general budget of the Union, this surplus 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 2014.
Surplus: the implementation of the budget year 2013 shows a surplus of EUR 1 005 406 925,37 (not including contributions from European Free Trade Association (EFTA) and European Economic Area (EEA)), which is therefore entered as revenue in the 2014 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 which will be available after the Advisory Committee on Own Resources (ACOR) meeting in May 2014.