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Financing the 2013 Program-Budget (Revised 26 April 2012)

Financing the 2013 Program-Budget (Revised 26 April 2012). Secretariat for Administration and Finance. Ceiling and Sources of Funding. Regular Fund: $82.028 million ($81.528 net) Estimates of Quota Income Contribution from ICR Contribution from FEMCIDI Rentals, interest and deobligations

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Financing the 2013 Program-Budget (Revised 26 April 2012)

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  1. Financing the 2013 Program-Budget(Revised 26 April 2012) Secretariat for Administration and Finance

  2. Ceiling and Sources of Funding Regular Fund: $82.028 million ($81.528 net) Estimates of Quota Income Contribution from ICR Contribution from FEMCIDI Rentals, interest and deobligations $500,000 toward Reserve Subfund Indirect Cost Recovery Ninety percent of average collections during 2009, 2010, 2011, as per in accordance with CP RES 996 (1832/11) 1/5/2020 2

  3. Quota Contributions and ICR income • FY 2011 closed with a $2.9 million deficit • Budget ceiling reduced by $1,842,700 to account for member states with quotas in arrears of two years or more by June 1st • In the event Regular Fund income exceeds budgeted expenditures because one or more such member states pay their quotas for 2013, those amounts would be deposited in the Reserve Sub-Fund.

  4. Contributions from FEMCIDI • FEMCIDI contributes 15% of the net amount available for programming • FEMCIDI pledges collected for 2010 programming cycle: $2,315,732 • Contribution 15%: $302,052 • Net available for FEMCIDI programming: $2,013,680

  5. Contributions from ICR • Contributions to the Regular Fund from the Indirect Cost Recovery account: $1.5 million • $1 million less than previous fiscal periods • Specific Fund Contributions from donors continue to decline • Ceiling for Indirect Cost Recovery expenditures: $6.751 million (90% of average of 2009, 2010, 2011 collections) per CP/RES 966 • Total ICR income projected for 2013: US$6.388 million • Available for funding of ICR operations: US$ 4.888 million

  6. Other Income Rental of GSB space: $500,000 Interest income*: 100,000 Deobligations**: 700,000 TOTAL: $1,300,00 *(2011 interest income $88,000) **(2011 deobligations $694,227)

  7. Reductions to funding for operations • Allocation of $500,000 to the Reserve Subfund • Reduction of RF posts from 471 in 2012 to 434 in 2013

  8. RF and ICR budgets

  9. ICR Budget Projection

  10. Modifications to Measures to Encourage Timely Payment of Quotas • Deadline for a payment plan: Changed from April 30th to March 31st • Date a member state is considered two years in arrears: Changed from May 1st to April 1st • Consistent with the Permanent Council’s modifications to the prompt payment schedule

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