LOUISVILLE, Ky. (AP) — Louisville leaders say the city's Independence Day celebration likely will be eliminated due to state budget cuts.
David Karem, president and executive director of the Waterfront Development Corp., told The Courier-Journal (http://cjky.it/1nZ31JD) that he discovered on Tuesday that lawmakers had cut all state funding for the organization over the next two years.
Karem said the $420,000 for each year made up a significant portion of the agency's $2.3 million annual budget and would force "serious cuts and the cancellation of some events."
Waterfront agency spokesman Mike Kimmel said the most certain result would be cancelling the July 3-4 Waterfront Independence Festival, which offers concerts and fireworks and usually draws about 150,000 people.
Officials say they also plan to scale back plans for the 100th birthday of the Belle of Louisville.