Income projections for 2005 2009

Income and expenditure projections

Estimated income to the budget

Including projected secondary income, further 1998 income was projected at 213.6 million.

Projected income for the biennium 1996 1997

Table 5.1 Projected income for 2006 and 2007 budgets

Revenue is projected to amount to 300 million for 2005.

The estimated amount of revenue for the United Nations reflects the anticipated level of gross sales to be generated by the gift shop.

For the purposes of planning and budgeting for the future, regular resources income for 2006 2007 is projected to increase to 1.7 billion, which is an increase of 18 per cent over planned income for 2004 2005 or 6 per cent over the revised 2004 2005 income projection.

The total estimated income for 2006 2007 is estimated at 71.2 million, representing an increase of 0.9 million in income compared to 2004 2005 support budget.

Based on the income earned under this heading in 2004 and anticipated for 2005, estimates of 1,464,600 under the regular budget and 315,200 in the operational budget are considered reasonable for 2006 2007.

Projected income is at a higher level than in the previous biennium, since investment returns are predicted to be more favourable than in 2004 2005.

Its main revenue is central budget subsidies (more than 60 per cent of total revenue) and contributions at the rate of 3 per cent of the basis of calculation.

The total income of the Fund for the biennium 1998 1999 is estimated at 116.4 million, resulting in an expected shortfall of income over expenditure of 32.3 million.

Estimated income falls under two categories (a) cost reimbursement for field offices and (b) miscellaneous income.

Estimated income falls under two categories (a) cost reimbursement for field offices and (b) miscellaneous income.

Total 1996 1997 revised budget appropriation less total

The projected income is estimated at 470.7 million, an increase of 20.5 million over the revised income estimates of 450.2 million for the biennium.

Income on deposits Estimates for income on deposits are based on anticipated interest earnings on cash balances in the General Fund, Working Capital Fund, and Operational Budget Account for Support Costs.

Excluding tsunami funding, forecast net income is 465.9 million.

(b) a statement of estimated income, including income classified as miscellaneous in accordance with regulation 7.1 information on revenue producing activities shall show estimated gross revenue and expenditure for each activity as well as the credit to the income section of the budget in respect of the net revenue from each activity.

Estimated income and adjustments to the 2006 2007 biennial support budget amount to 190.0 million, including 161.0 from recovery charges, as compared to estimated income to the 2004 2005 biennial support budget of 156.4 million (including income from recovery charges of 129.6 million).

Estimated income and adjustments to the support budget for 2006 2007 amount to 12.6 million, as compared to 14.6 million estimated income for 2004 2005.

In addition, for 2006, 250.0 million of other resources income is projected.

The 2005 budget proposal foresees revenues in the amount of 53.77 million and expenditures of 50.86 million, resulting in a projected net income of 2.91 million.

Revenues for 1996 97 were forecast at 38.9 million, while expenditures were estimated at 36.6 million.

Environment Fund

Interest income and dividends are recorded on an accrual basis and foreign taxes withheld are recorded as receivables.

The Board notes that UNOPS has performed a three year lease income forecast for subleases, projecting an average annual lease income of 1.8 million.

IS2.4 The estimate of 469,700, reflecting a decrease of 9,600 over the 2004 2005 estimates, is projected for the sale of used equipment on the basis of income earned in 2004.

The financial plan forecasts total income of 2,305 million for 2005, an increase of 327 million compared to actual results for 2004.

If that amount is excluded, the projected income is estimated to be 14.94 million, or approximately 2 million over the earlier estimate.

In 2005, other resources (regular) income is expected to be 126 million lower (16 per cent).

For 2008, against a projected target of 52.71 million, the goal for additional revenue generation is projected at 28.54 million, or 54.2 per cent.

In card and gift sales, for 2006, sales volume is projected at 118 million cards and gross proceeds are projected at 161.0 million.

Estimates of income

Actual income as a percentage of estimated income

5.2 (b) Half of the estimated miscellaneous income to the regular budget for the fiscal period and credits in respect of income not previously taken into account.

5.2(b) Half of the estimated miscellaneous income to the regular budget for the fiscal period and credits in respect of income not previously taken into account.

The Fund's annual revenues are consistently and often dramatically lower than the projected needs itemized in the budget.

1.61 Current projections of income and expenditure for 2005, shown in Table 3 below, indicate a funding gap for the regular budget of 11.1 million when comparing the net budgeted expenditure of 399.8 million (see Table 3 below) with total expected income of 388.7 million (based on indicative estimates from donors as well as interest income).

IFAD portfolio revenues (and expenditures) are assumed to be constant.

The Committee also notes that for the 1998 1999 biennium, income is estimated at 116,394,000.

The main revenues of this fund are State budget subsidies (more than 60 per cent of total revenue) and contributions collected together with a contribution to the Social Insurance Fund which are paid at the rate of 3 per cent of the basis of calculation.

Table IS3.19 Estimates of gross and net revenue (Thousands of United States dollars)