Budget Amendment for MEAG Power Contract Settlement
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Description
The City of Marietta recommended approval of a FY2026 budget amendment to fund the CY2025 year-end settlement of under-recovered costs under its power sales contract with MEAG. The action incorporates $722,745.19 into monthly prepaid withdrawals to be fully satisfied 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
One-time budget amendment to settle under-recovered costs for CY2025 under existing MEAG power sales contract.
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