Supplementary budget
A supplementary budget is understood to mean the subsequent change to a budget of the federal government , a federal state , regional authorities or other public budgets (special assets, German Unity Fund , ERP funds , public foundations, etc.) in the event of a significant deviation from the budget . A supplementary budget must be drawn up if unscheduled or unplanned expenses or unplanned or unplanned income or shortfalls are foreseeable. When the European Union budget , the term is synonymous amending budget used.
The associated changes in the items in the budget are due to the fact that
- the budget revenues are not as high as originally planned, i.e. they are significantly below the estimates (e.g. taxes , customs duties ) or
- budget expenditures increase to such an extent that they cannot be compensated for by short-term austerity measures elsewhere or that new budget expenditures arise that could not be foreseen at the time the budget was drawn up.
The word supplementary budget incorrectly has a rather negative connotation, although it expresses both positive and negative changes.
Germany
In the Federal Republic of Germany, a supplementary budget like an original budget must be drawn up by the finance minister , approved by the cabinet , discussed by the budget committee and passed by parliament and - as far as the federal budget is concerned - approved by the Bundesrat . The legal basis is Article 110 Paragraph 3 Clause 1 of the Basic Law .
