The annual Hot Air Balloon Festival that for years served as a fundraiser for the Pellissippi State Foundation is ending.
According to a press release, Dr. Allen Edwards, president of Pellissippi State Community College, said the decision was based on spending priorities.
“As the college makes plans for the future, I’ve had to make a tough decision regarding the college’s annual Hot Air Balloon Festival. As the saying goes - all good things must come to an end. And, unfortunately, this adage applies to our festival,” he said. “With predicted budget constraints and the reshaping of higher education in Tennessee, we will need to redirect our resources to meet these challenges.”
Edwards praised those who made the event happen. “I cannot thank you enough for your support of this event. I am particularly grateful to Pat Myers, the Hot Air Balloon Steering Committee and the many volunteers who have helped make this a successful event,” he said.
The president, who is retiring at the end of this month, encouraged supporters of the college to be optimistic. “Rest assured that even though we are closing this chapter, we are looking ahead to new opportunities that will support the college’s mission and raise funds through the Foundation,” he said.