|Due dates||Activities||Legal basis*|
|The fiscal year is set on a calendar-year basis by the Budget Act, which also allocates responsibility for planning the budget to the ministry of finance. The main steps in the process are as follows:|
|By end-April||Medium term economic and fiscal outlook prepared by MOF and presented to government.||Article 18(2)|
|By mid-May||Government enacts budget guidelines.||Article 18(4)|
|By end-May||On the basis of the guidelines, MOF issues instructions to budget users and extra-budgetary users of the State budget, and to local and regional self-government units, for the development of the State budget proposal.||Article 20(3)|
|By end-June||Budget users deliver their financial plan proposals to the responsible ministry.||Article 22(2)|
|July–October||MOF (or the administrative body of finance of the local and regional self-government) reviews the proposals, and reconciles them with the estimated revenues and receipts. Detailed negotiations between MOF and the responsible ministries.||Article 30(1,2)|
|October 15||MOF prepares the draft State budget and draft consolidated budget and delivers to the government. The administrative bodies of finance of the local and regional self-government prepare draft budgets and draft consolidated budgets and deliver them to the local executive body.||Article 30(4)|
|Late October||Government deliberation and decision over final budget proposal, on the basis of competing proposals from MOF and line ministries.||Administrative|
|By November 15||The government (or sub-national executive body) delivers the budget proposal and the consolidated budget to the Sabor (or local legislative body).||Article 30(5)|
|By end-December||The Sabor (or sub-national legislative body) shall pass the budget.** The approved budget is published in the Narodne Novine (National Official Gazette)||Article 32(1,3)|
References to Articles are to the Budget Act 2003.
The 2004 budget was not passed by the Sabor until March 2004, due to the impact of the general election in November 2003.