The Meredith Music Festival will not run this December, for the second year in a row.
Despite hopes the festival would be able to celebrate its 30th birthday in December, a media release from organisers confirmed "it's just not possible at this time".
The festival was granted a $651,000 grant from the federal government to help it "reactivate" the December event, and sister festival Golden Plains, normally held over the Labour Day long weekend in March.
This follows other grants from Creative Victoria, the first in the proudly independent event's history.
The media release states "Golden Plans are afoot".
"Here at The Sup', when the time is right, Meredith will Happen, for the 30th and Very First Time," the media release states.
The festival's lineup is usually released at the end of July or beginning of August each year.
A three-day camping festival, famous for the Meredith Gift, having no corporate sponsors and no dickheads, and a BYO alcohol and couch policy, it attracts more than 15,000 people every year, usually selling out within minutes.
As well as bringing incredible acts from around the world to the Supernatural Amphitheatre, just outside the Meredith township, the festival also has a long history of supporting dozens of community groups through its Tucker Tent.
The media release includes a link to a new online shop, where proceeds from sales of Tucker Tent shirts and aprons will be donated.
Meredith CFA captain Chris Jones said that was a nice idea to continue supporting groups.
"It's certainly a disappointment, I thought they'd get it over the line this year," he said.
"The community's definitely going to take a big hit as a result, we've all structured our community organisations around the music festival as our primary fundraiser, not to mention all the employees out there, there's a lot of locals that won't get an opportunity to work.
"(The festival) is always very positive, that's one thing about the festivalgoers, they've always been huge supporters of all the local organisations and community groups - from a fire brigade perspective, we couldn't ask for better."
Golden Plains Shire Council mayor Helena Kirby said in a statement it was a "disappointing day for the Meredith community".
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"Council understands the difficult decision this would have been for the organisers, and we share their disappointment and that of the beloved festival's fans and the impacted local businesses in Meredith," she said.
"We look forward to it coming back better than ever and celebrating the 30th anniversary of the enduring event.
"We are also keeping our fingers crossed that the organisers will be able to hold the Golden Plains Music Festival in March 2022 as well."
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