According to Article 46 of the Budget Act, a special fund budget proposal must be sent to the Legislative Yuan for deliberation four months prior to the start of the fiscal year; the budget compilation process is as follows:
1. Stage 1 ─ Promulgation of budget compilation regulations:
The Regulations for Preparing Subsidiary Agency Budgets of Central Government General Budget and business plan portal promulgated by the Executive Yuan explicitly state the key points of the budget for the fiscal year, explanatory notes concerning compilation, common item compilation operating standards and compilation deadline, and fund and its competent authority.
2. Stage 2─Each fund shall compile an operating plan and budget, which shall be subjected to a preliminary review by the competent authority:
Each fund shall compile an operating plan and budget in accordance with the standard operating standards and supplementary regulations based on administrative policy, budget compilation regulations, the business plan portal, and administrative plan, business plan, and fund budget drafted by the competent authority. Each fund's surplus (operating) objectives, operating revenue, fund sources and uses, and supplementary fixed asset construction improvement plan performance analysis must be formulated in accordance with real operating needs and implementation progress. Apart from submission to the competent authority for preliminary review, the competent authority shall give its approval with stated opinions and forward the items to relevant agencies for review.
3. Stage 3─ Review by Executive Yuan:
The chief tasks during review by the Executive Yuan are as follows:
1. Initial review: In order to strengthen each fund plan and budget review procedures and deliberation of various major economic development investments, towards important social development, major public infrastructure projects and technology development programs, in accordance with the "Enforcement Guidelines for Pre-Implementation Tasks of Key Social Development Programs of the Executive Yuan," "Enforcement Guidelines for Pre-Implementation Tasks of Government Public Infrastructure Programs," and "Enforcement Guidelines for Pre-Implementation Tasks of Government Technology Development Programs," such programs must be first sent to the Research, Development and Evaluation Commission, Executive Yuan, Council for Economic Planning and Development, and National Science Council for deliberation.
2. Budget review: Except when certain project items are compiled in accordance with the results of approval by the responsible agency, in all other cases the Directorate-General of Budget, Accounting & Statistics, Executive Yuan shall review each fund's surplus (remainder) (operating) objectives, operations (business revenue), fund sources and uses, payments to the treasury, number of personnel, projects involving foreign trips, fixed asset investment plans, business revenue, fund sources and uses, surpluses and deficits, and treasury contributions in conjunction with the relevant business offices of the Executive Yuan Secretariat, main office of the Central Personnel Administration, Council for Economic Planning and Development, Public Construction Commission, Research, Development and Evaluation Commission, and Ministry of Finance.
3. Annual project submission and budget review conference: The Executive Yuan shall approve each fund budget after review of the results of approval in 1. and 2. above at the Executive Yuan's annual project and budget review conference.
4. Stage 4─Compilation of subordinate unit budgets and consolidated tables in the central government's general budget proposal:
Executive Yuan shall compile each fund's budget proposal among subordinate unit budgets and consolidated tables (operating and non-operating portions) in the central government's general budget proposal; the subordinate unit budgets and consolidated tables shall be submitted to the Executive Yuan conference for approval together with the central government's general budget proposal, and then sent to the Legislative Yuan for deliberation.