Decision 77/63

The Executive Committee decided:

1. To note:
   1. The document on approved 2015, 2016, 2017 and 2018, and proposed 2019 budgets of the Fund Secretariat contained in UNEP/OzL.Pro/ExCom/77/74;
   2. That US $402,099 in expenditure not recorded in the 2015 accounts (composed of US $378,099 relating to the budget of the Fund Secretariat and US $24,000 relating to the budget of Senior Monitoring and Evaluation Officer) had been reallocated to the 2016 approved budget;
   3. The return of US $1,477,253 (composed of US $1,449,117 from the approved 2015 budget for the Fund Secretariat and US $28,136 from the approved 2015 budget of the Senior Monitoring and Evaluation Officer) to the Multilateral Fund at the 77^th meeting;
2. To approve as contained in Annex XXX to the present report:
   1. The revised 2016 budget of US $7,561,218 reflecting a reallocation of unrecorded expenditures of US $378,099 in addition to a credit of US $25,934 under budget line 1309 in 2015, and an increase of US $30,800 associated with higher document translation costs for the 77^th meeting of the Executive Committee;
   2. The upgrade of four P3 posts to P4, the downgrade of one G7 post to G6, and the upgrade of one G5 post to G6, at an additional cost of US $39,500, effective as of 1 January 2017;
   3. The revised 2017 budget totalling US $7,748,982, including one additional meeting of the Executive Committee at a cost US $355,800 and US $92,791 for other Executive Committee meeting-related costs;
   4. The revised 2018 budget totalling US $7,829,038 based on three meetings of the Executive Committee and on the 2017 revised budget; and
   5. The proposed 2019 budget with US $7,961,748 based on three meetings of the Executive Committee, the revised 2018 budget and a 3 per cent increase in staff costs.