10 The accounts contained under the General Fund support the implementation of the programme budget. It consists of a number of sub-funds including Assessed Contributions (formerly known as regular budget), Non Assessed Income - Member States, Tax Equalization Fund, Voluntary Funds (core, specified and partnerships), and the Special Account for Servicing Costs (also referred to as Programme Support Costs).
20 Assessed Contributions: This fund is used to track all income and expense financed through assessments made to Member States. (See Policy XII.11.1 on appropriations for details on distribution and management of assessed contributions).
30 Non Assessed Income (formerly Miscellaneous Income or casual income): Non Assessed Income relates to any other income which is made available to Member States. Non Assessed Income includes the following:
- any interest earnings or investment income on surplus liquidity in the Assessed Contributions Fund;
- any refunds or rebates of expenditure received after the end of the financial period to which the original expenditure related;
- any proceeds of insurance claims that are not required to replace the insured item, or otherwise compensate for the loss;
- the net proceeds generated on the sale of a capital asset after allowing for all costs of acquisition, or improvement, of any asset concerned;
- any payments of arrears of contributions due from Member States that are not required to repay borrowings from the Working Capital Fund or internal borrowing in accordance with Regulation 7.3;
- any income not otherwise specifically referred to in the Financial Regulations.
40 The Tax Equalization Fund: In accordance with Health Assembly resolution WHA21.10, under which the Tax Equalization Fund was established, the assessed contributions of all Member States are reduced by the income generated by the staff assessment plan. In determining the reduction of assessed contributions to be applied to the Member State concerned, the Tax Equalization Fund is credited with the revenue from the staff assessment plan, the credits being recorded in the name of individual Member States, in proportion to their assessments for the biennium. For those Member States that levy income tax on emoluments received from the Organization by their nationals or others liable to such taxes, the credit from the staff assessment plan is charged with the estimated amount to be levied by those Member States. Those amounts which have been charged are, in turn, used by the Organization to reimburse income tax paid by the staff concerned.
50 The Voluntary Fund is used to track all income and expense financed through voluntary contributions that support the Programme Budget. This includes core, specified, emergencies and partnerships. Requests for new sub-funds are addressed to the Director of accounts.
60 The Special Account for Servicing Costs Fund was established in order to support the costs of servicing activities financed from sources other than the assessed contribution budget (i.e. from voluntary contributions). The fund is credited with revenue from the following sources:
- under resolution WHA34.17, funds are received for programme support costs from voluntary sources and are calculated by applying a fixed percentage rate to total expenses
- administrative service agreements with other entities
- interest earned on voluntary funds as described in document EB122/3
70 The Contingency Fund for Emergencies was established by the sixty-eighth World Health Assembly in resolution WHA68.51 Rev1. The purpose of the fund is to provide temporary financing for the emergency field operations with a target capitalization of US$ 100 million to be funded by voluntary contributions.
