Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
BLW presents preliminary FY26 budget with higher operating, capital spending; insurance litigation flagged
Summary
Marietta’s Board of Lights and Water staff presented a preliminary FY26 budget showing revenue and expenditure increases, an $18.8 million capital plan, and flagged potential insurance exposure tied to a high-profile Georgia court verdict and pending state legislative changes.
Marietta Board of Lights and Water staff presented a preliminary FY26 budget to the Budget & Rates Committee on April 7, describing year-over-year revenue growth and higher operating and capital spending while flagging insurance and litigation risks that could affect future budgets.
Staff said the adopted FY25 budget was $164,521,882 and that preliminary FY26 totals are approximately $172 million, reflecting increases driven in part by higher electrical and water costs. From a revenue perspective, staff reported roughly $7 million in additional charges for services and about $1.8 million in planned use of reserves. On the expenditure side, staff described about $500,000 in additional personnel costs, roughly $9.5 million in increased operating expenses and $5.7 million in higher capital spending. Staff also said depreciation will be budgeted this year where it had previously been recorded only in actuals.
The BLW…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
