The forecast suggests some drier spells this afternoon.
The forecast from the Met Office seems to change every few minutes today, but it does look like there will be a few hours without rain this afternoon.
Dozens of streets in the town are planning street parties, and the main event is on Central Avenue for the Jubilee Street Party with lots of entertainment.
As of 10 am the forecast below shows what people can expect.
The event starts at 11 am and goes on until 4 pm.
Today:
Low cloud and hill fog persisting through the day. A band of heavy rain, with thundery downpours, will move north through the morning and early afternoon, this likely becoming patchy but remaining damp later in the afternoon. Cool. Maximum temperature 12 °C.
Tonight:
Remaining cloudy with light winds and hill fog. Rain will persist through the evening, though likely becoming lighter. Further heavy perhaps thundery downpours towards coasts overnight. Mild. Minimum temperature 9 °C.
Rushcliffe Borough Council has said today that the event will go ahead as planned anyway, with any activities under cover where possible. The line up of entertainment and timings can be found here.