Published: Oct 14, 2010 7:05 PM EDT
Updated: Oct 14, 2010 5:50 PM EDT

CAPE CORAL, Fla. - A Cape Coral High School tradition carries on Thursday.

Last week, the homecoming parade was called off after a funding fiasco with the City of Cape Coral. But an out pour of community support is now allowing the parade to go on for it's 32nd straight year.

Class floats will soon take to 47th Terrace for Cape Coral Highs annual homecoming parade. The Cape tradition was almost called short last week. The school ran into a funding dispute with the City of Cape Coral, after they asked for at least $1,000 to barricade off the parade route. For decades, the school says they never paid a penny for the downtown parade.

Cape Coral High School simply didn't have the funds to pay up. But after our initial story aired, the Cape community came together to keep the tradition alive, donating more than enough money to pay for the unexpected expense.

"I was so thrilled. Our community stands behind us. I was so proud of all the community members who came forward. Families, businesses. They really gave us great support. So it's nice to know we are appreciated and we do have community backing," Cape Coral High School Student Government sponsor Gloria Cross said Thursday.

Cape Coral Highs homecoming parade will kick off at seven o'clock, tracing their way down 47th Terrace.