By DUSTIN RACIOPPI
Just a couple months before the 2011 edition of Red Bank’s fireworks show is set to blast off from the Navesink, the Kaboomfest committee has paid off the balance from last year’s display and is getting ready for a somewhat revamped show for Independence Day weekend.
This time, though, officials, citing what they believe is a more sustainable fundraising model, don’t anticipate carrying a balance owed to Red Bank into 2012.
“No, we don’t,” Kaboom Chairman Charles Moran told redbankgreen. “Our budget includes being able to pay Red Bank this year.”
Bringing on major corporate sponsors like Meridian Health (owner of Riverview Medical Center) and Wells Fargo, plus charging for premium views of the show, are among the top factors in being able to clear the ledger on time, Moran said.