JEA executives’s claims that the utility’s bleak financial future necessitated it being sold have been undercut by a council auditor’s report released Thursday.
Although the report states the utility’s finances are declining, it states JEA oversells the hardships, according to Council Auditor Kyle Billy’s memorandum.
At a Dec. 9 meeting, then-Chief Operating Officer Melissa Dykes and former Chief Financial Officer Ryan Wannemacher gave a presentation on the dismal financial status of JEA that led…