City of Marietta City Council Agenda Work Session April 13 2026
City Funds MEAG Power Contract Settlement FY2026
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Description
The City of Marietta approved a FY2026 budget amendment to cover a $722,745.19 year-end settlement under its power sales contract with MEAG. The amount will be incorporated into the city's monthly prepaid withdrawal and fully settled within the FY2026 fiscal year.
Contract Details
Contract Amount
$722,745.19
Vendor
MEAG
Agency
City of Marietta, GA
Contract Type
UTILITIES
Document Date
April 13, 2026
Contract Term
Within the FY2026 fiscal year
Renewal Date
2026-09-30
Renewal Info
Budget amendment appropriates funds to settle under-recovered costs for CY2025 under the existing MEAG power sales contract within FY2026.
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