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The $565 million question: JEA’s pension burden looms over sale

SEPTEMBER 30, 2019 | by A.G. Gancarski | FLORIDA POLITICS

By A.G. Gancarski, includes “Jacksonville’s municipally-owned utility JEA is headed toward privatization, and the City Council wants a say going forward. A public notice meeting on Thursday called by Republican Matt Carlucci addressed the question of JEA pension obligations should the utility sell. … A bill that obligated the city to pay them passed 16-3, with almost no one willing to buck JEA unions and assert Council prerogatives.”

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