PURPOSE: definitive adoption of amending budget No 1 of the European Union for the 2019 financial year: entry in the budget of the surplus for the 2018 financial year.
LEGISLATIVE ACT: Definitive adoption (EU, Euratom) 2018/1140 of amending budget No 1 of the European Union for the financial year 2018.
CONTENT: Parliament noted that amending budget No 1 of the European Union for the 2018 financial year had been definitively adopted.
The amending budget aims to enter in the 2019 budget the surplus for the 2018 financial year, which amounts to EUR 1 802 988 329.
The surplus consists mainly of (i) a positive revenue execution of EUR 1 274.59 million, (ii) an under-execution of expenditure of EUR 528.40 million (including EUR 120 million from the Emergency Aid Reserve).
The budgeting of the surplus reduces the overall contribution of Member States to the financing of the EU budget by the same amount.