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Marietta utilities: water sales dip but finances steady; mayor cites an $84.8M MEAG refund
Summary
City utility and water authority staff told council that electric and water revenues remain broadly on budget despite a recent drop in water usage; the mayor announced a MEAG tax‑credit refund of $84,796,909.05 that could reduce future fixed costs or help debt positions tied to Vogtle financing.
Council heard routine utilities updates and an update from the Cobb County Marietta Water Authority at the work session, where staff described generally stable financial performance for the Board of Lights and Water and highlighted near‑term concerns about seasonal water usage.
"The Board of Lights and Water continues to maintain a strong and stable financial position," Councilman Kent summarized after the…
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