The annual spectacular Red Bank fireworks will not happen this July, according to a report in the Red Bank-Shrewsbury Patch.
“Following a several month-long process of examination and discussion, the KaBoom executive committee has concluded that KaBoom as we know it is not sustainable in the current economy, taking into account escalating costs to maintain public safety coupled with the increasing costs of products and services related to the event,” KaBoom Committee Chairman Tim Hogan said in a release. “KaBoom is a victim of its own successgiant water slide. Each year brought increasing numbers of visitors to Red Bank, especially as towns throughout New Jersey cancelled their own Fourth of July fireworks displays. Our security costs doubled in the last three years, and although we raised more money in 2011 than ever before, we continued to incur a deficit with each succeeding year.”