At the 14th session of the city council, the budget of the city of Lutsk for 2004 was adopted. The session of the Lutsk city council established the total volume of revenues and expenditures of the city budget for 2004 in the amount of over 119 million hryvnias. The volume of revenues of the general fund of the budget was determined in the amount of 107 million hryvnias, of the special fund of the budget 12.3 million hryvnias, including the development budget 2.3 million hryvnias.
The city's reserve fund for 2004 amounts to over 600 thousand hryvnias.
Also, the session of the city council adopted a decision prohibiting the increase of budget allocations under the general and special funds for the remuneration of employees of budget institutions at the expense of reducing other expenditures and for capital expenditures at the expense of reducing budget allocations for current expenditures.