A favorite event among the locals, the Panguitch Valley Balloon Rally, offers something for everyone. This annual event happens every year during the last full weekend in June.  Each morning 30 balloons launch in the sky.  Throughout the day, you can enjoy food and craft vendors, local Panguitch charm, and kid’s activities. A 5K run/walk takes place Saturday morning as you watch the balloons take flight. The culmination of the event is the glow on the historic main street on Saturday night.  The main street shuts down for the balloons light up and glow surrounded by live music and dancing.  This is a must-see event in Panguitch.