Elburn to add credit card fees
ELBURN – Those using a credit card to make a payment to the village of Elburn soon can expect to be charged a $2 fee for the transaction.
At a committee of the whole meeting Monday night, board members backed village staff's plan to amend the village's ordinance on acceptance of credit cards to add the fee.
Doug Elder, the village's finance director, said the village has an average cost of about $2.51 per credit card transaction processed, and the fee is an attempt to recover part of the cost. People may make payments to the village using credit cards for reasons such as a water bill or payment of parking violations.
Debit card transactions would not be affected. Officials said there is no cost to the village for debit card transactions.
Board members indicated they supported the idea, and the request will be added to the consent agenda at the next Village Board meeting, which is set for June 16.
Elder said the village processed 859 transactions in 2013 at a cost of $2,153.10. The cost to the village includes fees, such as the annual fee, as well as a cost for each transaction.
"We've got a pretty reasonable cost, but it's still a cost to us," Elder said. "The fee will help us recover part of our cost."
Credit card payments would be accepted for charges of at least $15 and no more than $1,000. Staff arrived at $15 because that is the minimum cost of a water bill.
In other news, board member Dave Gualdoni said he hopes to review the village's outdoor warning siren policy. He said he received calls after a recent hail storm. One caller asked why the sirens went off. The other caller asked why the sirens had not yet been set off.
"I think we all need to be in on this," Gualdoni said.