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Lisbon council formalizes cash-payment rounding with Resolution 292026
Summary
Councilors approved Resolution 292026 to standardize treatment of pennies: cash payments with leftover cents will be credited to the next bill; checks and card payments continue unchanged. Staff and council discussed rounding alternatives prior to voice approval.
Council staff presented Resolution 292026 to address difficulties obtaining pennies from the bank and to standardize how leftover cents on cash payments are handled. Under the resolution as described to the council, if a customer pays in cash and the tender does not exactly match the bill, any remaining cents would be applied as a credit to the customer’s next bill; checks, debit and credit-card payments and auto-pay would continue unchanged.
"Payments made by check, debit card, credit card, would still continue to be processed the same way as they currently are in auto pay," Speaker 2 said. Council members debated alternatives—rounding to the nickel or adjusting price-per-gallon rates to eliminate penny amounts—but moved the resolution to a voice vote; multiple participants responded 'Aye' and the motion passed according to the transcript.
