Article 17 Budget

Estimates of all revenue and expenditure for CEPOL shall be prepared each financial year, which shall correspond to the calendar year, and shall be shown in CEPOL's budget.

CEPOL's budget shall be balanced in terms of revenue and expenditure.

Without prejudice to other resources, CEPOL's revenue shall comprise a contribution from the Union entered in the general budget of the Union.

CEPOL may benefit from Union funding in the form of delegation agreements or ad-hoc grants in accordance with its financial rules referred to in Article 21 and with the provisions of the relevant instruments supporting the policies of the Union. Without prejudice to the principle of prohibition of double financing laid down in Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council^f1 (‘Financial Regulation’), CEPOL may manage dedicated Union funds to perform specific activities within the scope of its objectives and tasks.

CEPOL's expenditure shall include staff remuneration, administrative and infrastructure expenses and operating costs.

Budgetary commitments for actions relating to large-scale projects extending over more than one financial year may be broken down into several annual instalments.