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Resident urges council to study privatizing New Braunfels Utilities
5484865 · July 14, 2025
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Summary
A New Braunfels resident told the council during public comment that the city should seriously study selling New Braunfels Utilities, arguing proceeds could retire city debt and fund services; council took no action.
During the July 14 public comment period, resident Bob King urged the City Council to “seriously contemplate privatizing NBU” (New Braunfels Utilities), arguing the utility could fetch more than $1 billion in enterprise value and that proceeds could be used to pay city debt and…
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