Feb. 16 — This year, the city needs to avoid a similar situation to the $6.84 million shortfall in the amount of money that was expected to be left in the electric fund budget for Georgetown Utility Systems at the end of the city’s last fiscal year on Sept. 30.

Officials attributed the shortfall to price and demand volatility in Texas’ wholesale energy market and on the structure of the city’s renewable energy contracts.

— Community Impact Newspaper