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City staff flag $250,000 in annual payment-processing fees absorbed by Imperial City

3749396 · June 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance staff told council the city currently absorbs about $250,000 a year in merchant and online payment fees — about $10,000 a month — and council discussed whether to pass fees to users or retain the subsidy as a public-service expense.

Victor, a city staff member, told the Imperial City Council that the city's annual bank and merchant charges for processing resident payments total about $250,000 and that the city currently absorbs those costs…

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