Board Authorizes Additional FY2026 Transfer to City
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Description
The CPS Energy Board authorized an additional $13.7 million transfer to the City of San Antonio for FY2026, staying within the 14% revenue-sharing limit set by the Bond Ordinance. This supplemental payment is in addition to the routine monthly City transfers.
Contract Details
Contract Amount
$13,748,804.15
Vendor
CITY OF SAN ANTONIO
Agency
CPS Energy, TX
Contract Type
FINANCIAL_SERVICES
Document Date
March 30, 2026
Contract Term
Additional transfer for FY2026
Renewal Info
One-time additional distribution for FY2026 under the Bond Ordinance’s 14% cap; does not auto-renew.
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