No one saw this coming when John Peyton was Mayor.

As the City Council mulls Jacksonville’s first $2 billion general fund budget , the local publicly owned utility notes a $2 billion-plus hit of its own.

Per a press release from JEA , officials at Tuesday’s Board meeting “provided a deep-dive into the history of Plant Vogtle , problems during construction years and financial impacts for JEA.”

“When JEA’s board voted to enter into the original Power Purchase Agreement for nuclear power in 2008, the estimated total project cost for Units 3 and 4 was approximately $15 billion, with JEA’s portion estimated at $1.4 billion. Due to numerous issues since then, the actual total cost escalated to over $36 billion, with JEA’s portion totaling approximately $3.5 billion,” the releas

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