Here's the press release:
FOR IMMEDIATE RELEASE
June 17, 2013
FUNDING CUTS FROM THE CITY OF PORTLAND AND
THE REGIONAL ARTS AND CULTURE COUNCIL
FORCE CANCELLATION OF WATERFRONT CONCERT
(PORTLAND, Ore.) – Recent budget cuts mandated by the City and made by the Regional Arts and Culture Council have resulted in the cancellation of this year’s Waterfront Concert.
Realizing the importance of this concert to the thousands of Portland residents of all ages, ethnicities, and neighborhoods who attend each year, the Symphony made a last ditch effort to find new sponsors for the popular end-of-summer event. When none could be found, the concert—like so many other worthwhile endeavors whose funding disappeared during these challenging fiscal times—was no longer possible.
It is anticipated that this will be a one-year hiatus for the popular event.
“Facing an unprecedented $21.5 million shortfall in the budget, the city had to make some pretty tough decisions this year,” Mayor Charlie Hales said. “Some popular and terrific programs couldn’t be funded this time, and the Waterfront Concert is a good example. But the concert will be in my proposed budget for 2014-15, if the city’s revenue picture improves – and we’re expecting that it will.”