Financial plan

Financing plan for cross-border programme 2007-2009

PRIORITIES		SERBIA
		Community funding	National funding	Total funding	Rate of Community contribution
		(a)	(b)	(c) = (a)+(b)	(d) = (a)/(c)
2007	1. Economic & Social Development	450,000	79,411	529,411	85%
	2. Technical assistance	50,000	8,824	58,824	85%
	TOTAL	500,000	88,235	588,235	85.00%
2008	1.Economic & Social Development	450,000	79,411	529,411	85%
	2.Technical assistance	50,000	8,824	58,824	85%
	TOTAL	500,000	88,235	588,235	85.00%
2009	1. Economic & Social Development	450,000	79,411	529,411	85%
	2. Technical assistance	50,000	8,824	58,824	85%
	TOTAL	500,000	88,235	588,235	85.00%
GRAND TOTAL		1,500,000	264,705	1,764,705
PRIORITIES		MONTENEGRO
		Community funding	National funding	Total funding	Rate of Community contribution
		(a)	(b)	(c) = (a)+(b)	(d) = (a)/(c)
2007	3. Economic & Social Development	540,000	95,294	635,294	85.00%
	4. Technical assistance	60,000	10,588	70,588	85.00%
	TOTAL	600,000	105,882	705,882	85.00%
2008	2.Economic & Social Development	540,000	95,294	635,294	85.00%
	2.Technical assistance	60,000	10,588	70,588	85.00%
	TOTAL	600,000	105,882	705,882	85.00%
2009	1. Economic & Social Development	540,000	95,294	635,294	85.00%
	2. Technical assistance	60,000	10,588	70,588	85.00%
	TOTAL	600,000	105,882	705,882	85.00%
GRAND TOTAL		1,800,000	317,646	2,117,646

The Community contribution has been calculated in relation to the eligible expenditure, which is based on the total expenditure, as agreed by the participating countries and laid down in the cross–border programme. The Community contribution at the level of priority axis shall not exceed the ceiling of 85% of the eligible expenditure. The co-financing under priority axis I will be provided by the final grant beneficiaries and it can be from public and private funds. Final grant beneficiaries should contribute with a minimum of 15% of the total eligible cost of the project, both for investment and institution building projects.The co-financing under priority axis II will be provided by the national authorities.

Last Updated on Tuesday, 23 June 2009 15:42