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September 30, 2014, 10:59 am
970 WMAY News

City Making Steps to Change Funding Structure of Oak Ridge Cemetery


Despite steps to change how an historic Springfield cemetery is funded, Budget Director Bill McCarty says that burial services at Oak Ridge will not be diminished.

 

The nationally historic cemetery where President Abraham Lincoln is buried has, for a while, been operating with expenses surpassing revenue. During that time, Oak Ridge has been drawing down from their pre-need and perpetual care endowment funds.

 

McCarty says that the city is in the process of appropriating funds from the corporate fund to the cemetery to help stabilize its finances and may soon fold the two cemetery funds into the city’s corporate fund.

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