Question 80

Does the Mid-Year Review of the budget include updated revenue estimates for the budget year underway?
 * a. Yes, revenue estimates have been updated, and an explanation of all of the differences between the original and updated revenue estimates is presented.
 * b. Yes, revenue estimates have been updated, and an explanation of some of the differences between the original and updated revenue estimates is presented.
 * c. Yes, revenue estimates have been updated, but an explanation of the differences between the original and updated revenue estimates is not presented.
 * d. No, revenue estimates have not been updated.
 * e. Not applicable/other (please comment).

OBS Guidelines
Question 80 asks whether the Mid-Year Review includes updated estimates of revenue for the budget year underway, and provides an explanation of the update. Please note that year-to-date revenues as assessed in Question 73 do not qualify as updated estimates of revenue for the purposes of this indicator.

To answer “a,” the Mid-Year Review must include updated revenue estimates and explain all of the differences between the initial levels presented in the Executive’s Budget Proposal (or the Enacted Budget) and the updated estimates. The explanation must include at least estimates of all differences; a narrative discussion is desirable but not required if estimates of all the differences are provided. To answer “b,” the revenue estimates must be updated, but only some of the differences between the initial and updated estimates are explained. The explanation would be more limited, such as only a narrative discussion of the differences or estimates covering only some of the differences. A “c” response applies if the Mid-Year Review includes updated revenue estimates, but no explanation for the revisions is provided. A “d” response applies if the revenue estimates have not been updated.

1) Differences between “a”, “b” and “c” scores
To score an "a", the country’s MYR must present the difference in estimates (at least in aggregate) as well as explain what is driving the difference in estimates (through for example a bridge table or a detailed narrative or disaggregated presentation of differences for revenue or expenditure information).

If for this question the difference is provided but there is a limited amount of information on what is driving the differences (i.e., there is some information that helps you understand what is driving the difference but it is incomplete); or simply the difference in the aggregate estimate is presented, then the country would score a “b”.

The country scores a “c” if it presents a revised figure with no information on differences.