But it's not clear who will pay for it.
That's the message from Philadelphia City Hall after a meeting Friday between city officials and the Mummers Association.
Budget woes are prompting the city to cut its $336,000 donation toward prize money. The clubs say they need it to finance their elaborate feather-and-sequined costumes.
The parade is a New Year's Day tradition in Philadelphia and features string bands, comics and other performers.
The city is also starting to charge parade groups for police, clean-up and other costs.
City Representative Melanie Johnson says negotiations with the Mummers will continue as long as needed.
But she insists the show will go on.