Sir Robert of Wells, left, and Sir Tirant of Kent, put on a jousting performance as part of the 2012 Saline Celtic Festival at Mill Pond Park.
The festival's treasurer, Pamela Grosshans, said in order for the event to become independent, it would need a total of $65,000 in the bank — $50,000 for cash flow and $15,000 for losses due to inclement weather, the article said.
The festival generally sees a small amount of revenue before the actual event, but gets most of it the day of, and then proceeds to pay bills as they come in. The city currently handles the flow of cash for the festival.
See the full report here.