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HomeMy WebLinkAboutMINUTES - 08052014 - C.41RECOMMENDATION(S): ADOPT Resolution No. 2014/270 to permit bank card service fees associated with payments made by bank card to County Departments, other than the Treasurer-Tax Collector’s Office, to be collected by third-party service providers, rather than treating such fees as a departmental expense; and DIRECT the Treasurer-Tax Collector, or designee to report back to the Finance Committee in five years on the implementation and outcomes of the resolution. FISCAL IMPACT: No negative financial impact on the County. Adopting Resolution No. 2014/270 has the potential for substantial reduction of departmental expenses for those County departments accepting bank cards for the payment of fees, fines, goods and services. BACKGROUND: The Contra Costa County Board of Supervisors authorized County departments to accept bank cards for the payment of fines and fees in 1997. The Board also directed County departments to treat bank card fees as a departmental APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 08/05/2014 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Candace Andersen, District II Supervisor Mary N. Piepho, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Brice Bins, 925 957-2848 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: August 5, 2014 David Twa, County Administrator and Clerk of the Board of Supervisors By: Stacey M. Boyd, Deputy cc: Russell Watts, Treasurer-Tax Collector, Robert Campbell, Auditor-Controller C.41 To:Board of Supervisors From:FINANCE COMMITTEE Date:August 5, 2014 Contra Costa County Subject:Bank Card Service Fees BACKGROUND: (CONT'D) expense. There are currently ten County departments and four voluntary pool participants that absorb the bank card service fee as a departmental expense. An analysis of bank card transactions (excluding those involving the Tax Collector) revealed that 60,678 transactions generated $9,568,000 in revenue between April 2012 and March 2013. Although actual fees varied, depending on the type of bank card used, the departments reviewed absorbed approximately $167,000 in bank card service fees as departmental expenses during this period. In 2008, Visa implemented the Visa Tax Payment Program. Prior to the implementation of this Program, county tax collectors were responsible for bank card services fees incurred when a taxpayer made a payment of property taxes by bank card. The Program changed the payment structure by permitting third-party service providers to charge and collect a bank card service fee from the taxpayer separate from the payment of property taxes. The Visa Tax Payment Program in 2008 did not change the requirement for non-taxing government agencies. Under the Visa Standard Fee Program, these agencies were still required to absorb the service fee. Likely due in part to the success of the Visa Tax Payment Program, Visa expanded the program in 2012 to include higher education and non-taxing government agencies, such non-taxing County departments, through the Visa Government and Higher Education Program. In accordance with this expanded program, third-party service providers may accept bank card service fee payments from cardholders for bank card payments to non-taxing government agencies of fines, fees, goods and services. As a result of the change, bank card service fees are paid by the cardholder thereby eliminating a significant departmental expense that departments incurred to give cardholders the convenience of paying by bank cards. On July 28, 2014 the Treasurer Tax Collector's Office presented the proposal to the Finance Committee. The Finance Committee approved the proposal for the Board of Supervisor's consideration and adoption, and requested that a report on the implementation and experiences of the new policy be provided to the Finance Committee in 2019. CONSEQUENCE OF NEGATIVE ACTION: Departmental expenses related to the payment of fines, fees, goods and services by bank cards will increase annually as payment by these means increases. CHILDREN'S IMPACT STATEMENT: Not applicable. ATTACHMENTS Resolution No. 2014/270 C.109_02.18.1997