Colorado Springs and the Balloon Classic have reached a deal to keep the event here for another year, but there are still questions about the future of the Labor Day weekend tradition.

City council agreed to pay the $6,596 bill for the barriers to block off roads around Memorial Park. Police say closing the roads is necessary for safety reasons.

Colorado Balloon Classic President and CEO Patsy Buchwald appreciates the City Council’s help, but says there are still hurdles to overcome, like consistency on what the city charges to the balloon classic so organizers can budget accordingly.

“We are hoping for one of the good things that comes out of this is more inline process of what to expect, when to expect and what the cost to expect,” Buchwald said.

Parents Ralph and Nicole Alger said the balloon festival brings back memories.

“Just the kid’s faces when the balloons light up,” Nicole Alger said.

“Colorado Springs deserves to have an event that is community oriented to bring people back out to Memorial Park.” said Ralph Alger.

Buchwald said if money continues to be a problem, Colorado Springs' biggest event may either not exist, or worse.

“We will do what we do best and we can organize a balloon festival somewhere
else," she said.