Eighth Session

(26 - 30 September 1994)

NOTE BY THE EXECUTIVE SECRETARY

ADJUSTMENT REQUEST: 1994 BUDGET PART I

1. Following a review of present and projected expenditures under Part I of the Commission's budget for 1994, a shortfall of DFL 675,000 has been identified in Programme 7: Common Services not distributed to Programmes.

2. In accordance with Financial Regulation 4.5, the Executive Secretary hereby requests authority from the commission for the transfer of DFL 675,000 from Programme 6: Administration to cover the anticipated deficit. Programme 6 is currently expected to show a surplus of DFL 2,034,700.

3. Although all Programmes apart from Programme 7 are expected to be in surplus, with an overall surplus (excluding Inspection and Laboratory Equipment) of the order of DFL 3.8 million, it will be necessary for the Executive Secretary to make some transfers between objects of expenditure within certain programmes. In accordance with Financial Regulation 4.5, the Executive Secretary will report these transfers to the Financial Group at its October meeting.

4. If the Commission should decide to accept the recommendation of the Committee on Relations with the Host Country, to establish a laboratory and equipment store at the Huelweg site in Rijsweg and to fund the necessary fit-up costs from within the approved 1994 budget, the Executive Secretary proposes that this money be found within Verification by creating a new sub-object of expenditure: Equipment: Laboratory and Store Fit-up, and to transfer DFL 700,000 from elsewhere within Programme 2 Verification, which is currently estimated to have a surplus of DFL 1,575.8 (excluding the DFL 7,590.5 for inspection and laboratory equipment).

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