Laconiafest Plagued By Financial Issues

Last nights Ted Nugent show was expected to be the last as the festival appears to have ended early.

Saturday was supposed to be the final day and night of the festival, but several bands have cancelled including Saturday's headliner 'Sevendust'

According to numerous news outlets, the issue seems to revolve around money.

According to a report at WMUR.com:

The manager of Laconiafest said that the problems stem from a dispute with the city. He said city leaders put projections on capacity that were too high and the first responder staffing was going to cost more than expected.

Laconia's city manager said although concert crowds have been significantly lower than expected, they city was concerned about walk-up sales, which could've added more people and not enough safety coverage.

The managers of the event haven't been on location since Thursday.

If you have a question regarding refunds on a cancelled show, organizers say to check with the outlet where the tickets were purchased.