BAY RIDGE (PIX11) -- Many of them paid the ultimate price for their service to our country, but now the City wants war veterans to cough up money for their own honorary parade.

Due to severe budget cuts, some local legislators are cutting the funding to the Annual Brooklyn Memorial Day Parade. "It's a shame really; we should remember the families and those lost.  I'm not angry, I'm just disappointed," said Prisco DeAngelis, a Korean War Veteran who organizes the parade every year.  De Angelis says they are short twenty thousand dollars. 

The Parade, which travels down 3rd Avenue in Bay Ridge, is the longest running memorial parade in the nation, 144 years consecutively. 

"I'm giving them a thousand dollars if the city won't," said Frankie Marra, a Bay Ridge resident. 

The biggest drop in funding to the parade was by Senator Marty Golden, who said through a spokesperson, "Senator Golden is proud to have allocated funding to support the Brooklyn Memorial Day Parade, totaling $36,000 over the past five years.  Unfortunately, last year no grant was awarded to support the parade or any events, organizations, or causes, because of the state of New York's budget." 

Councilmember Vincent Gentile, (D) New York City, said he will continue his financial support for the parade and urges others to also do so. 

"We will come up with the money somehow," said Gentile. 

Marty Markowitz's office is also scheduled to meet with the group early next week.  If you would like to give, here's the link.