The water pageant went through full rehab early this year. This was timed well as much of it was later destroyed by the series of hurricanes. The parade should be back to normal soon I think. As for it not being fixed, the problem is that after four major hurricanes many things need to be fixed. Thousands of downed trees, themeing elements needing replaced, lights and signs broken, etc. They have fixed nearly everything, only some minor things remain such as this one. It will come back in time.