In terms of revenues, the budget of the regional center in 2003 was fulfilled at 100.9%, the general fund — at 102%. From the general fund, revenues for powers delegated by the state were fulfilled at 101.7%, for own powers — at 103.4%. Revenues of the development budget amounted to 96.5%, of special funds — 96.7%. These figures were presented in a report at a regular meeting of the Lutsk city executive committee by the head of the financial department, Oleh Ishchuk. Thus, Oleh Ishchuk stated that he considers 2003 for Lutsk's budget to be the best budget year in the last 12 years. "The year passed without conflicts with the regional and state budgets," noted O. Ishchuk. Arrears to the city budget in 2003 were incurred from the tax on owners of vehicles, land payment, payment for a trade patent, the environmental pollution levy, the single tax on small business entities, and the tax on citizens' income. The amount of arrears from land payment was 1 million 394 thousand hryvnias, or 44% of the total amount. Most of it falls on the debt of VAT "Volteks" (846 thousand hryvnias), VAT "Syntetyka" (159 thousand hryvnias), VAT "Volynzalizobeton" (53 thousand hryvnias), and the river port (23 thousand hryvnias). The arrears from the tax on citizens' income amount to 1 million 30 thousand hryvnias. Receipts from local taxes and levies for 2003 increased compared to 2002 by almost 800 thousand hryvnias, or by 17%. Receipts from the communal tax increased by 21 thousand hryvnias, the hotel fee — by 48 thousand hryvnias. At the same time, in 2003 compared to the year before last, receipts from the advertising tax and the fee for issuing warrants for apartments slightly decreased. Lutsk's budget for 2003 in terms of expenditures was fulfilled at 99.5%. Subventions from the state budget for social protection of the population provided for arrived to the city budget almost in full — at 99.8%.
For Lutsk's budget, 2003 was the best budget year in the last 12 years, said the head of the finance department of the Lutsk City Executive Committee
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