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The committee held a meeting to review and approve several procurement and contract-related items. The consent agenda containing items one through seven was adopted. The regular agenda included discussions regarding the Keville contract, specifically addressing why only one bid was received, and a correction to an existing award for Accenture related to migration projects. Additionally, the committee approved a correction to a previously recorded award amount that included an incorrect figure.

The Board agenda included presentations on final business results from J.D. Power, a review of the JEA financial statements and operations report, and a strategic discussion on electric system generation planning. The Board considered a recommendation to call for a public hearing to modify electric tariff documentation and water and sewer rates. Additionally, the Compensation Committee report included discussions on CEO goals, performance management, and pay practices.

The committee meeting included a values moment presentation, followed by an update on economic development programs where a new tier for larger projects was proposed, requiring a public hearing at a future board meeting. Additionally, the committee received an update on Florida state legislative bills impacting utility services, including discussions on municipal utility service transfers and public employee union membership. Finally, the committee discussed regulatory environmental issues, specifically focusing on PFAS regulations for drinking water and wastewater, and federal mandates regarding greenhouse gas emissions reduction for power plants.

The JEA Board of Directors conducted a workshop to review the FY2027 budget and the FY28-FY29 budget forecast. Key topics included enterprise planning methodologies, a consolidated system review, and in-depth discussions on the electric, water, and district energy systems. The board also addressed labor costs, headcount additions, cost-saving efforts, and the projected financial impact of planned infrastructure and generation projects on customer bills.

The Board reviewed monthly financial and operational dashboards, approved a contribution agreement extension with the City of Jacksonville for septic tank phase-out, and authorized budget transfers for the upcoming fiscal year. Additionally, the Board approved an increase in the revolving credit facility, reviewed corporate goals, and discussed fuel strategy, including gas prepayments and solar purchase power agreements. Updates were provided on the corporate headquarters solicitation and the transition plan. The Board also discussed electrification as an emerging market, received a report from the CEO Search Committee, and reviewed a corporate efficiency and risk management plan.