Commission's proposal: Draft Amending Budget 5/2019, COM(2019) 594 – 8 November 2019
On 2 July 2019 the Commission transmitted the Draft Amending Budget (DAB) No 4 for the year 2019, which was intended to update both the expenditure and the revenue sides of the budget to take account of the latest developments.
The Council and the European Parliament completed their reading of DAB No 4/2019 respectively on 3 September 2019 and on 10 October 2019. As the European Parliament adopted amendments which could not be accepted by the Council, a Conciliation Committee was convened, in accordance with Article 314 §4(c) of the Treaty on the Functioning of the European Union (TFEU).
The Conciliation Committee worked over a period of twenty-one days, between 15 October and 4 November 2019. However, it was not possible during this period to reconcile the positions of the European Parliament and Council.
The non contested elements of DAB 4/2019 are included in the present Draft Amending Budget No 5/2019 which takes account, at the same time, of the latest information available.
Therefore, the objective of DAB No 5/2019 is,
- on the expenditure side, to adjust the administrative expenditure of EU institutions to reflect the impact of:
- - the salary update that will apply as from 1 July 2019, which is lower than foreseen, and;
- - the latest postponement of the UK withdrawal from the European Union decided on 28 October 2019;
- on the revenue side, to revise the forecast of Traditional Own Resources (i.e. customs duties and sugar sector levies), value-added tax (VAT) and gross national income (GNI) bases, and to budget the relevant UK corrections and their financing, which all affect the distribution of own resources contributions from Member States to the EU budget.
 COM(2019) 610, 2.7.2019.