The availability of customers being able to use credit cards for payments to the city became available in June 2011.  It was requested by the finance committee at its April 26, 2011 committee meeting to see a quarterly report on credit card usage and its related fees.

Attached is a credit card analyis of June through September 2011.  Please note that the highest credit card usage of $59,501 occurred in August.  This is attributed to the second quarter utility bill being due on August 15, 2011.

Total credit card processing fees totaled $3,521 or approximately 3.67% of what was collected via the credit card.  Again, most of the processing fees was attributed to utility bill payments.  As most of the utility bills are done on-line, the city does have the option of charging a transaction fee (which is not allowed if credit card is swiped at city hall) to offset the processing costs.