Each year, the Executive Director shall draw up a provisional draft estimate of the Authority’s revenue and expenditure for the following financial year, including the establishment plan, and send it to the Management Board.

The provisional draft estimate shall be based on the objectives and expected results of the annual programming document referred to in Article 24(3) and shall take into account the financial resources necessary to achieve those objectives and expected results, in accordance with the principle of performance-based budgeting.

The Management Board shall, on the basis of the provisional draft estimate, adopt a draft estimate of the Authority’s revenue for the following financial year, and shall send it to the Commission by 31 January each year.

The Commission shall send the draft estimate to the budgetary authority together with the draft general budget of the Union. The draft estimate shall also be made available to the Authority.

On the basis of the draft estimate, the Commission shall enter in the draft general budget of the Union the estimates that it considers necessary for the establishment plan and the amount of the contribution to be charged to the general budget, which it shall place before the budgetary authority in accordance with Articles 313 and 314 TFEU.

The budgetary authority shall authorise the appropriations for the contribution from the general budget of the Union to the Authority.

The budgetary authority shall adopt the Authority’s establishment plan.

The Management Board shall adopt the Authority’s budget. It shall become final following the final adoption of the general budget of the Union and, if necessary, it shall be adjusted accordingly.

For any building project likely to have significant implications for the budget of the Authority, Delegated Regulation (EU) No 1271/2013 shall apply.