Let's call the city council agenda work session order, please.

First item of ministers agenda work session minutes from March 9th.

Um the motions are approved as revised.

Second further discussion.

The revision is this on our disk.

Yes.

All those in favor, please raise your right hand.

All opposed like sign motion carries.

Yes, sir.

We um had an outstanding group of employees from the BLW that is, I guess, part of uh Ron's uh staff that and part of the the meeting that he introduces the staff to the uh to the board uh so we had Jasmine Tigpin customer service manager, Reginald Jones, meters and service manager, Rosemir's analyst, Bronson, and I'm not gonna mess up the last name as an analyst and uh Felisa Foster, Customer Service Supervisor, Holly Jarrett, Customer Service Supervisor, and Brent Chess Chess Hire Mail and Copy Centers uh supervisors.

So these were all customer service and customer care.

They do an outstanding job, and a lot of the employees have been with uh the BRW for a long time.

And uh Eric also had his some of his staff there.

Nick Sawyer was uh overhead four-person uh Randall Inskeep, overhead four-person, Daryl Jackson line worker, uh Caesar Garcia, line worker, and Bradley Barrettan uh was a line worker also, and a lot of and some of these guys participated in the alignment rodeo, um APPA rodeo, 61 teams, 136 apprentices competed, top teams play the top team, I guess, for the BLW placed ninth overall, third medium apprentices, best 23rd overall, and then the eighth medium, the strongest representation in about 10 years.

Um also the mayor gave a proclamation for and declaring um uh was it proclamation on April the 13th designated as Georgia Lyman Appreciation Day.

Formal thanks to the lineman for disaster response and infrastructure work.

Um that was awesome.

We also had a legislative update from Ron.

Uh data center bills did not, and I think he said no data center bills passed.

Interesting.

Um HP 463 income tax and HB 1027.

Did those pass or 1027 did not pass what was the other number?

463.

I am gonna do an update in a minute.

I'm gonna list here.

Okay.

I'll cover that.

Okay.

And then uh on our finance report, the Tina is going to go over uh the budget that the BLW board will be passing uh next month, and the um also the uh the year end settlement with MEAC.

Well Stephanie's pulling that up.

Um I'll go ahead and talk to um the year in settlement.

The um year and settlement is a reconciliation of our costs for our um fixed assets um and our fixed costs for me ag we uh typically receive a um credit normally a nominal credit um each year for the year-end settlement.

We uh typically receive a um credit normally a nominal credit um each year for the year-in settlement.

This will be the first year um in MiAG history that we have had to make a payment into a payment uh for underrecovered um amounts going back to uh MIAG and the amount that is due is 722, 746 dollars.

So to talk just briefly about um some of the um things that kind of go into this um each month we talk about the supplemental sales.

Supplemental sales are sales that um occur between MIAG participants and for City of Marietta, we are what we call a long city, so we have extra energy um to sell to other participants or MIAG um cities that do not have enough energy, and so we have been selling to MIAG um participants throughout the year, and in doing so we rely on MIAG to um sell it at a price that provides a profit, and we do that throughout the year, and at the end of the year they reconcile based on what was budgeted and the energy that was forecasted and what actually took place.

So a reconciliation takes place between those two numbers.

Um in addition to that, we also um MIAG has a contract with Georgia Power, and um with that contract, there are different plants as we talk about each month the different projects.

So City of Marietta has investment um interests in different plants that make up the um different projects within Miag, and with those projects, um the um maintenance and operate the maintenance and ongoing operational um equipment for those plants is maintained primarily by Georgia Power.

If the investments or the changes that Georgia Power anticipates or budgets for the year changes, the amount that MIAG has allocated will change as well, and so that affects what City of Marietta either receives or pays in.

With the culmination of those two things, um the calculation um came to an amount where we were um underpaid by 722,000 for the year.

To give you an idea of what the year-in settlement typically looks like on average um for the past few years, um it has ranged anywhere from almost seven million to um the lowest, I believe, was just under two million.

So those are funds that will be credited towards our bill each month uh at the year at the end of the year, and to offset our cost.

So this year instead of having offsetting costs, we had additional costs that we have to pay in.

Um this is an ongoing um issue that we have been um discussing with MIAG.

We there's some question as to the methodology, and so we will um continue to work with them to try to get this resolved in the best way we can moving forward.

There was a change as of this calendar year with MIAG and their methodology for the supplemental, so we will see how that will um impact us, but we won't be able to tell until we get the year-in settlement this time next year.

So I know that was a lot of information that I kind of threw out there.

Um I'm sure the mayor may want to chime in.

I've talked to today up at this short.

I mean, what you say is that was a good cab, but we also by not having revenue for Vogel three and four, you sure made a difference.

Yes.

I mean, if nothing, but uh but we still made money this year.

I mean it's supplemental was a surprise.

We had four cities, and the first time around, before they recalculate, we had 19 cities that did not make it.

And a lot of it, the books.

And to put it in a nutshell, we have one, you know, the overall budget is worked out fine.

Except there's an individual budget for all 49 cities.

And it's the way you've most of our generation is the least profitable and the most maintenance.

And it kind of caught up with us, even though the people in Vogel 3 and 4 are paying more for debt, which is on their own.