CAFA was set up to facilitate and encourage a closer relationship with the budget authority, in order to ensure that the CoR's priorities are taken into account and implemented in the annual budget procedure.

2012-2015 Chair: Michel Lebrun, Member of the Walloon Parliament in Belgium (EPP – Belgium)

EPP Members:
Anders Knape, President of the Swedish Association of Local Authorities and Regions and Councillor of Karlstad Municipality (Sweden)
Arnoldas Abramavicius, Mayor of Zarasai District Municipality (Lithuania)

Alternates:
Jacques Blanc, Mayor and Senator of the Canourgue Canton, President of the Association of Mayors from the Lozére department (France)
Cor Lamers, Mayor of Houten (Netherlands)
Norbert Kartmann, Member of the Hesse State Assembly (Germany)