2. Public finances
Taxes and other revenues
Resources which are used for the purpose of funding competences of the
Republic of Serbia, autonomous provinces and local self-government units shall be
provided from taxes and other revenues, stipulated by the Law.
Obligation of paying taxes and other dues shall be general and based on
economic power of taxpayers.
The Republic of Serbia, autonomous provinces and local self-government
units shall have budgets, which must outline all receipts and expenses with which
they are funding their competences.
The Law shall stipulate the deadlines within which the Budget must be
adopted, as well as method of temporary funding.
Realisation of all budgets shall be audited by the State Audit Institution.
The National Assembly shall discuss the financial statement proposal of the
Budget upon the received evaluation of the State Audit Institution.