JACKSONVILLE, Fla. — The JEA Board of Directors unanimously approved the fiscal year 2026 budget of $2.37 billion at today’s meeting, which will be delivered to the City of Jacksonville by July 1.
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The budget requires approval from the City Council by October 1, marking the start of the fiscal year 2026. JEA is projected to contribute $348 million to the city, including public service taxes, city franchise fees, and a one-time $40 million payment from JEA’s Electric Fund.
EA’s fiscal year 2026 budget includes significant allocations for its various systems.
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The Electric System has an operating budget of $1.595 billion and a capital budget of $406 million for designated capital projects.
The Water System’s operating budget is set at $759 million, with a capital budget of $574 million for specific projects.
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Additionally, the District Energy System has an operating budget of $15.09 million and a capital budget of $37.6 million.
JEA will also pay $75.4 million to the State of Florida in gross receipts and sales taxes.
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