Examples of using Offbudget in English and their translations into Russian
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Official
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Colloquial
Consolidation of offbudget funds and reserves.
This is also critical to reduce the share of offbudget aid.
Fund structure and offbudget funds and reserves.
Offbudget funds and reserves have usually had a significant level of cash balances.
Possible impacts of the consolidation, and changes in the financial position of the offbudget funds and reserves 69 78 14.
List of offbudget funds and reserves to be consolidated to the.
In parallel to the decline in the building account, the total cash balance of the offbudget funds and reserves has decreased over the years.
The 11 offbudget funds and reserves to be consolidated into the regular budget process in the next financial period are as follows.
The Secretariat estimated that the balance of the offbudget funds and reserves accounts will be CHF 5.3 million at the end of 2007.
Among the offbudget funds and reserves that are subject to consolidation, the technical cooperation fund needs special attention due to its continuous and significant cash deficits.
The secretariat estimates a CHF 5.3 million cash balance from the offbudget funds and reserves, which will be removed at the end of 2007.
Annex I List of offbudget funds and reserves to be consolidated to the regular budget process, and the methodology used for the statistical analysis.
The scope of the present report does not include an audit ordetailed review of the offbudget funds and reserves, their use and related transactions.
Some of these offbudget funds are established under the General Fund, while others are established under"Funds established by WMO Congress and Executive Council.
In fact, WMO used a substantial amount from the offbudget funds and reserves in 2000 to cover regular budget cash deficits.
Thus, all offbudget funds and reserves(except operating reserves) in the General Fund and Funds established by WMO Congress and Executive Council will be consolidated at the end of 2007.
The huge cash reserve of the building account andexcess cash balance of the offbudget funds and reserves were serving, in effect, as a WCF.
Therefore, in this scenario, it is assumed that all offbudget funds and reserves except the building account had already been consolidated with the appropriation account during the period 2000 to 2005.
The Organization has so far never used WCF, butwhen there has been a cash deficit in the regular budget, the offbudget funds and reserves have been used, in effect, as a WCF.
This situation has allowed the use of substantial amounts of offbudget funds and reserves to cover regular budget cash shortages, without any procedure and reporting, instead of using WCF.
The secretariat stated that when there was a cash shortage in the regular budget, instead of using WCF, cash balances of the offbudget funds and reserves were used to cover the deficit.
Cash from the offbudget funds and reserves of the General Fund have been managed together with the appropriation account cash in the same bank account this is known as cash pooling.
Based on the proposal, the Ad Hoc Group recommended, andthe Executive Council approved, the consolidation of offbudget funds with the proposed programme and budget for the 20082011 financial period.
Scenario 2 shows that if all offbudget funds and reserves except the building account were already consolidated, there would be a 9.2 per cent(4.4 months) probability that the consolidated account would have a deficit.
In 2000, the average cash balance in the building account was CHF 14.7 million, andconstituted 82.9 per cent of the total cash balance of the offbudget funds and reserves under the General Fund.
The proliferation of offbudget arrangements outside the regular budget and its appropriation process has inevitably led to a gradual erosion of control and oversight by Members over the use of resources available to WMO.
The reasons for that situation are manifold and include the differences in orientations received from their respective headquarters, the various financing mechanisms involved,which range from budget and sector support to offbudget support, and the lack of coordination capacity.
With the proposed consolidation of offbudget funds and reserves into the regular budget approval process, all activities and cash flows in the offbudget funds and reserves will continue, but will be included in the appropriation process.
The Executive Council, in Resolution 15 of June 2005(ECLVII, Resolution 15, June 2005),requested the SecretaryGeneral to consolidate the budgetary presentation by including offbudget funds and reserves and to propose the necessary budget adjustment in the context of the proposed programme and budget for the fifteenth financial period 20082011.
Offbudget funds and reserves that are under the"Funds established by WMO Congress and Executive Council" include the publication fund, technical cooperation fund, trust fund administration cost pool account and staff compensation plan reserve account.
