1. Twenty-Eighth Meeting of the Parties 10-14 October 2016 Kigali, Rwanda
Budget Committee Presentation by the Ozone Secretariat
MOP28
10-14 October 2016
Twenty-Eighth Meeting of the Parties
10-14 October 2016
Kigali, Rwanda

2. Budget Committee Presentation by the Ozone Secretariat
MOP28
10-14 October 2016
Proposed revised 2016 budget of the MP trust fund
Proposed 2017 and 2018 budgets of the MP trust fund
Cash flow position of the MP trust fund at the end of 2016
Contribution options for 2017

3. Proposed revised 2016 budget
Budget Committee Presentation by the Ozone Secretariat
MOP28
10-14 October 2016
Proposed revised 2016 budget
Important elements of the revised budget:
The revised budget for 2016 has remained at the overall approved level in 2015 of $6,772,162.
The programme support cost for 2015 has been fully utilized.
An additional amount of $150,000 has been incurred to cover the cost of conference services and related interpretation for the Vienna meetings including an extra day of the resumed 37OEWG and the 3ExMOP.
This $150,000 has been offset by projected savings in staffing costs resulting from the vacant P4 Programme Management Officer.
No overall increase is required for the approved 2016 budget.

4. Three Year Budget Trend
Budget Committee Presentation by the Ozone Secretariat
MOP28
10-14 October 2016
Three Year Budget Trend

5. Three Year Budget By Category
Budget Committee Presentation by the Ozone Secretariat
MOP28
10-14 October 2016
Three Year Budget By Category
Category
2016 Budget
% Budget
2017 Budget
% 2017 Budget
2018 Budget
% 2018 Budget
Meetings
4,170,000
70%
2,725,250
57%
2,901,000
59%
Staff & Consultants
1,378,194
23%
1,568,072
33%
1,575,082
32%
Travel
225,000 4% 5%
Other
219,870
299,870* 6%
209,870
Direct Budget
5,993,064
100%
4,818,192
4,910,952
Programme Support Cost
779,098
13%
626,365
638,424
Total Budget
6,772,162
5,444,557
5,549,376
* 2017 Other cost includes celebration of 30th anniversary of the Montreal Protocol ($90,000)

6. Budget Committee Presentation by the Ozone Secretariat
MOP28
10-14 October 2016
Progression of Approved Budgets , Expenditures and Assessed Contributions for years: 2007 to 2016 (Thousands of United States dollars)

7. Projected Cash Position
Budget Committee Presentation by the Ozone Secretariat
MOP28
10-14 October 2016
Projected Cash Position
Beginning Balance Cash Position
2,057,909
Contributions Received 30/09/2016
3,784,454
Projected Incoming Cash from Parties
820,000
Parties Paying 2017 Contribution in Advance
*338,412
Softly Earmarked Contributions
270,000
Rwanda
150,000
Projected Funds Available for Operations
7,420,775
Approved Budget 2016
6,772,162
Adjustments to Budget
Projected Savings on Professional Staff
-220,000
Other Projected Savings (Non-Staff)
-100,000
Projected Final Budget Utilization
6,452,162
Projected Final Cash Position
968,613
Projected Cash Position (Less prepayments)
630,201
* Prepayments of $338,412 will assist in the current cash position by only delaying the negative cash position to 2017

8. * 2016: Ending cash position is forecasted
Budget Committee Presentation by the Ozone Secretariat
MOP28
10-14 October 2016
Cash Projection (Thousands of United States dollars)
Year
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016*
Cash (July)
4,147
6,053
6,107
3,463
4,491
4,595
3,956
4,028
2,057
(1,000)
Cash (Oct)
968
* 2016: Ending cash position is forecasted

9. Funding options for the proposed 2017 budget
Budget Committee Presentation by the Ozone Secretariat
MOP28
10-14 October 2016
Funding options for the proposed 2017 budget
Option 1
(recommended option previously)
Option 2
(recommended option now)
Option 3
Level of contributions: $6.262 million
Option parameters:
Full funding of the budget and the cash reserve in the fiscal year 2017
Projected end of year
balances:
Cash: $817,000
Level of contributions: $5.853 million
Full funding of the budget and the cash reserve over two years (2017 and 2018)
Projected end of year balances:
Cash: $408,000
Level of contributions: $5.714 million
Full funding of the budget and the cash reserve over three years (2017, 2018 and 2019)
Cash: $270,000

10. Budget Committee Presentation by the Ozone Secretariat
MOP28
10-14 October 2016
Approval of revised budget for 2016
Approval of proposed budget for 2017
Take note of the 2018 budget
Decide on the level of assessed contributions
Decide on the replenishment of the operational reserves