Does transfer budget from last season counted into this season?

[slicecheese]

I am currently managing Man City and was on the 3rd season. I saved about 50m++(drag finish) and now my season had finished and i was only given 110m(drag finish). My club was not in any debt and there was profits earned. So i am wondering if the transfer budget from last season is counted into this season.

 

[Ed Syers]

Technically no, but your more likely to get a bigger budget if your balance is better, which would mean keeping as much as possible.

 

[slicecheese]

I am getting the same transfer budget every year. Is it because that i did not meet the expectation of winning the premier league?