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Perpetual Care Fund
Perpetual Care Fund
The purpose of this fund is to account for monies to be used in the maintenance of the City’s cemeteries. A
contribution of one-fourth of all lot sales from the Cemetery Fund is the only funding source of this fund. Income
earned from the investment of the assets of this fund is credited directly to the Cemetery Fund to partially defray the
costs of cemetery operations under provisions of the City Code of Ordinances. No part of the principal may be
expended from this fund, which classifies this fund as a Permanent Fund. No expenses were recorded in this fund
during the current year.
This fund can be found on the Combining Balance Sheet, page 42 and the Combining Statement of Revenues,
Expenditures and Changes in Fund Balances, page 50.