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The water rate phase 2 (Update) study is still in the consultants hand and should be coming back to the the Finance committee in late Fall 2023 - (?October?) - Inverse Tiered system will be examined for equity among lower volume water users as well as getting our watermain deficit on the right path for remedy by 2123. Stay tuned!
Attachment B Comparative Costs w max.pdfCity of Elmhurst official landing page for Water Rates
City of Elmhurst official landing page for Water Rates
Payment Processing Options and Related Cost:
Payment Processing Options and Related Cost:
City official landing page for Payment options - here
Credit Card Fees - Paymentus Corp
2012 annual cost was $130,494
2013 annual cost was $163,555
2014 annual cost was $213,000
Referral 1/26/2015 - discussion of CC Fee to Finance
Referral 12/3/2020 - for review of CC Fee to Finance
2021 annual cost ~ $280,000 (absorbed)
4/5/21 update to Paymentus MSA
Chair Dunn said completed April 2021 - never located?
3/14/2022 - Fin - memo from Coyle 3/3/22 - no vote taken ?
Water - via CentralSquare T0 - $12,210.00, T12 - $4,150.00.
About 1% for online payments or ~$85,000 annually
Alternate 2: ACH debits by requiring a $150 deposit for those accounts not on auto ACH debit.
Alternate 3: E-Z - pay
Interchange transaction fee. 3% surcharge fee or checkout fee
Parking - mobile app - Authorize.net
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