#32026B01420Statement of revenue and expenditure for the 2025 financial year – European Training Foundation (ETF) – amending budget No 3
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This law pertains to the amending budget for the European Training Foundation (ETF) for the financial year 2025. It adjusts the revenue and expenditure estimates, highlighting a reduction in commitments related to the EU subsidy and provisions for cooperation with other institutions. The total budget reflects both expected revenue sources and defined expenditure for various operational priorities.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Reduction of EU subsidy commitments by €500,000
- Increased revenue from cooperation with other institutions
- Adjustment of operational expenditures across various categories
Obligations
What this law requires
Reduce EU subsidy commitments by €500,000 from the original 2025 estimate of €23,938,034 to €23,438,034
Increase cooperation revenue from other European institutions and bodies by €2,863,000 in commitments and payments for 2025
Reduce staff in active employment expenditure by €743,600 from €16,135,157 to €15,391,557
Increase sociomedical infrastructure expenditure by €102,000 to support staff welfare
Increase cooperation expenditure with other European institutions and bodies by €2,863,000 in commitments and payments