The Jackson Energy Authority’s Board of Directors held its month meeting, Tuesday.
JEA’s financial area reported on a recent taxable offering of wastewater bonds that will result in a savings to rate payers of just over $1.6 million.
Monte Jones, JEA’s chairman of the Board, said these bonds were used to refinance existing debt that was subject to redemption at a later date.
JEA also received results of a sanitary survey for the Jackson and Mercer water systems. Both systems earned a score of 100% with no violations. The survey involved inspections of water source, treatment processes, monitoring and data verification and water storage.
Federal Emergency Management Agency funds were approved for the May 2020 storms that affected the electric and telecom divisions. JEA was approved for $168,000 in reimbursements.
“JEA also renewed its investment in the Chamber’s Forward Jackson campaign of $125,000 which is comparable to prior years,” Jones said, “These funds will be used to create new jobs, retain existing organizations, assist in strengthening public education, and public safety.”
(PHOTO: Monte Jones)
