The Oil Center Association Board of Directors has decided to cancel the event for 2019.

They will reconsider the Festival for 2020.

"For now, the OCA is focusing on its mission and celebrating milestones achieved this year," a press release states.

There were multiple factors that led to the board cancelling the event for this year. Some being the ability to raise funds for such a large event, along with the one day event being held outdoors, and the risk that the weather presents.

The growing costs along with the economic environment creating a loss in sponsorships also weighed on the success of the event.

The idea behind the event was to showcase the businesses and merchants of the Oil Center, as well as delivering an environment surrounding the Christmas spirit.

"To have an event be successful over so many years is a true testament to not only the cultural strength in Acadiana, but to a dedicated slew of board members and volunteers throughout the 25 years. We appreciate your dedication and support!" The OCA said.

The milestones that they will be focusing on include: Coolidge Boulevard beautification of the Azalea Trail, Cultural District designation, Opportunity Zone designation, and Completion and implementation of the overall Oil Center Master Plan.