Amending budget 3/2014: own resources; revenue; administration

PURPOSE: definitive adoption of amending budget No 3/2014.

LEGISLATIVE ACT: Definitive adoption (EU, Euratom) 2015/367 of Amending budget No 3 of the European Union for the financial year 2014.

CONTENT: the European Parliament definitively adopted amending budget No 3 of the European Union for the financial year 2014 in accordance with its resolution of 17 December 2014 (please see the summary of the resolution).

This amending budget (AB) concerns:

·         a revision of the forecast of Traditional Own Resources (TOR, i.e. customs duties and sugar sector levies), VAT and Gross National Income (GNI) bases,

·         the budgeting of the relevant corrections concerning the United Kingdom,

·         a revision of the forecast of other revenue arising from fines,

thereby resulting in a change in the level and distribution between Member States of their own resources contributions to the Union budget.

It also reduces budgetary commitment and payment appropriations for the European Data Protection Supervisor by EUR 248 460.

The adoption of this AB reduces the need for additional own resources for the Union budget by EUR 2 433 million.