Council auditors say JEA could have missed up to $75M of capacity fees since 2003

JACKSONVILLE, Fla. – JEA may be owed as much as $75 million in uncollected capacity fees dating back to 2003, more than double the utility’s own $29.2 million estimate, according to our news partners at the Jacksonville Daily Record.

Jacksonville Council Auditor Brian Parks presented the $75 million estimate to the Council Financial Audit and Oversight Committee, a figure based on a review of JEA’s capacity fee records dating back more than two decades.

The fees are a one-time charge required before a water meter is installed and utility service begins. Fee amounts are based on water meter size or projected daily consumption.

Parks told committee members nearly $20 million of the estimated missed payments came from multifamily units, noting those developments may not have seen enough growth over the years to require additional capacity fees, so it could be possible that $55 million was the maximum overall amount uncollected by JEA.

Read more at the Jacksonville Daily Record.