Bury's military museum could have its funding reduced as the local authority faces making cuts.
Town Hall chiefs say no decision has been made but that 'difficult choices will be inevitable' - blaming the Governnment's 'decade of austerity' and central cuts to the council's budget of £100M.
But the local authority is looking at other funding streams to off-set any potential cuts.
The museum on Moss Street in Bury opened in 2009 after relocating from its previous home at Wellington Barracks on Bolton Road.
It provides an "engaging and interactive history" of the Lancashire Fusiliers and their successor the Royal Regiment of Fusiliers which was formed in 1968 from the amalgamation of four regiments.
Cllr Charlotte Morris, cabinet member for culture and the economy at the council, said: “The Fusilier Museum is an important part of the borough’s heritage and a great asset to the town centre.
"The council is a long-term financial supporter of the museum, which also hosts the Tourist Information Centre.
“We are, however, facing huge challenges to our budget due to rising costs and inflationary pressures.
"This comes after a decade of austerity, during which more than £100 million has been stripped from our funding.
“We estimate we will have to make cuts of £29 million in next year’s budget, which means we have to look at every service we provide and see how this can be achieved.
“The council remains determined to protect jobs, services and our partners as far as we can, but the sheer scale of reductions required means that difficult choices will be inevitable.
"Regrettably, one of the many options being explored is a reduction in direct council funding to our partners and third sector organisations, including the Fusilier Museum.
“Bury has a flourishing cultural sector, and we are keen to build on that in the coming years.
"A key part of that will involve how we can generate more revenue and attract funding from external sources so that the town’s artistic and heritage assets continue to thrive, including the Fusilier Museum.
“It is important to stress that no decisions have been made at this point.
“We are currently consulting the public and all interested parties, and we urge them to have their say before December 15.”
Bury North MP James Daly added: “I want to make sure that the £62,000 remains in place to support the fantastic work that is being done by the museum to keep this available for all ages, all backgrounds as a brilliant heritage asset in our town.
“It is a reasonably small outlay. Yes, there are financial challenges, but my belief is we can afford these sums of money.”
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