Fireworks and karaoke contests during ExTRAvaganza may soon become a distant chapter of ISU lore, but the annual celebration will likely go on for one more year.

A funding bill granting the Towers Residence Association $5,000 to be used for the final ExTRAvaganza celebration will be voted on by members of IRHA Thursday.

ExTRAvaganza is an event TRA hosts every year to celebrate life at Towers.

Dan Becker, treasurer of the Towers Residence Association, said TRA was granted $2,000 last year from IRHA to help pay for expenses associated with the event. This year, TRA increased the amount asked for by $3,000 because they want to put on a longer, more extravagant fireworks display, said Becker, sophomore in accounting.

IRHA members will vote on the bill at 7 p.m. Thursday in the Wallace-Wilson conference room.

Kyle Perkins, president of TRA and sophomore in pre-business, said four local bands will perform at ExTRAvaganza.

The bands include Hog Mallet, Parallex, The Rock and Death Defies Her, formerly known as Reconcile.

Perkins said planning for ExTRAvaganza began in December.

“It’s a long, stressful process, but in the end, it pays off,” he said.

Perkins said this could be the last year for the event due to budget cuts and low occupancy rates.

Next year, Towers will only house 600 residents, he said.

“It wouldn’t make sense for TRA to do it again,” he said.

Perkins said for ExTRAvaganza to happen again in the future, other residence associations will have to take on the expenses.

“When you look at the long line of the people that have done it over the years, and you have to end something that has happened for many years, it’s slightly depressing,” he said.

IRHA members will also discuss adding a bylaw amendment stating any organization failing to report the outcome of a planned event would be held responsible for five years and could be denied funding during that time period.

Dan Burke, Barton-Lyon-Freeman-Fisher-Nickell representative and senior in computer engineering, said the documentation would be destroyed after five years because members of the organization who failed to report in previous years may not be at Iowa State anymore.

By destroying the documentation, the organization would be able to ask for funding from IRHA again, he said.