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Marietta BLW hears financial update as committee recommends passing through 3.5% wastewater rate increase
Summary
Finance staff reported favorable year-to-date energy sales and off-system credits while the Budget & Rates Committee recommended a 3.5% wastewater rate pass-through; the board adopted the wastewater increase effective July 1.
Finance staff reported to the Marietta Board of Light and Water that energy resource metrics and off-system sales were favorable year to date, and that the utility is awaiting clarification on the year-end settlement from the Municipal Electric Authority of Georgia (MEAG).
Patina (BLW finance staff) said total energy resources for February were down 1.7% for the month but year to date were up about 6% (about 8.5…
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