The Princeton City Council on Monday approved the second reading of an amendment simplifying its financial records regarding cemetery funding.
That second reading enacted the ordinance as law.
Before September 2018, a portion of cemetery lot sales were allocated for cemetery expansion, but the requirement for that allotment was eliminated by ordinance that month.
“There’s been about $56,000 set in that fund over the years, and it’s just been sitting there dormant,” he said after the City Council meeting on Dec. 21. “There are two pots of money currently in the fund. The first is dedicated to the Senior Citizens Center. It’s grant money left over from when the center was constructed back in the early 2000s, and it has to be spent on the center.
“The second pot of money was funds for the cemetery expansion. Prior to 2018, a portion of every cemetery sale had to go into the expansion fund. In 2018, we changed the ordinance so that, moving forward, for all future lot sales, none of that money would go into the expansion fund; it would all go into the general fund.”
Young said that no provisions were made for the use of that fund, so the ordinance would allocate the senior center money to go toward current expenses at the center, eventually spending all of that funding.
Because of the Martin Luther King Jr. Day federal holiday, the City Council will not meet on Jan. 18, the third Monday of the month, but at 5 p.m. on Jan. 19 at City Hall.