A budget authorisation may consist of:

• operating contributions

• operating transfers

• capital transfers

• investment contributions

Unused budget authorisations can, in part, be carried forward to the following year.

Under the Public Finance Act (No. 123/2015), up to 4% of an unused budget authorisation may be transferred automatically to the next year.

If expenditure exceeds the budget authorisation at year-end, the difference is deducted from the following year’s budget authorisation.

A minister may request that an unused budget authorisation be used in the following year, either in full or in part. This applies if expenditure has been delayed or if there are clear efficiency or value-for-money reasons for doing so.

The Financial Management Authority records budget authorisations as income once or twice a month.

The allocation of budget authorisations is based on the operating plan in the Akrar system.

Operating Authorisations

Operating authorisations are recorded in institutional accounting under the following account types:

• 13109

• 6700

Investment Authorisations Investment authorisations are recorded in institutional accounting under the following account types:

• 13109

• 2320

Posting code 17 must be used when recording investment authorisations.

The following reports are available in ASKUR:

• Report 625 shows budget authorisations, balances and comparisons.

• Report 341 provides an overview of the status of investment contributions.