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HomeMy WebLinkAboutResolution 95-195-CCVL BOARD OF COUNTY COMMISSIONERS GRANT COUNTY, WASHINGTON IN THE MATTER OF INCREASING THE HANDLING FEE FOR NSF CHECKS AND RETURNED ITEMS RESOLUTION NUMBER 95- 195 -CC WHEREAS, there has been an increase in the number and cost of NSF checks and returned item checks handled by the County; and WHEREAS, the cost of such checks has been a burden on County operations; and WHEREAS, the handling fee has been $10.00 since April 1, 1987 and has not been increased since then; NOW THEREFORE BE IT HEREBY RESOLVED, that Grant County will increase the handling fee from $10.00 to $20.00 for all checks returned by financial institutions beginning January 15,1996. Done this 21st day of December, 1995 ATTEST: o0l,"'....', Clerk of*Board BOARD OF COUNTY COMMISSIONERS GRANT COUNTY, WASHINGTON ,Chairman December 19, 1995 TO: GRANT COUNTY COMMISSIONERS FROM: DARRYL PHEASANT GRANT COUNTY TREASURE RECEIVED DEC 19 1995 soAmo Uj- CoMhrl+oowNtaS GRANT COUNTY, WASHINGTON RE: INCREASING HANDLING FEE ON RETURNED CHECKS As per previous discussions, the handling fee for returned checks has been $10.00 since April 1, 1987. We incur a bank service fee for each time a check is returned. When the returned check comes back the first time, a check is made to see if the funds are available. If the check is good, it is deposited a second time. If the check still does not clear, it would be reversed out, the district's fund is charged and money may be withdrawn from their investment fund. Time is spent by our office researching what fund to charge back or what property tax payment to reverese. We believe the fee needs to be increased to twenty dollars to cover the costs of handling and reversing. The increase should also provide additional incentive to not write the bad check in the first place. Please review the need for this increase. The handling fee was originally done by resolution on March 10, 1987. IN THE MATTER OF INCREASING THE HANDLING FEE FOR NSF CHECKS AND RETURNED ITEMS WHEREAS, there has been an increase in the number and cost of NSF checks and returned item checks handled by the County; and, WHEREAS, the cost of such checks has been a burden on County operations; and WHEREAS, the handling fee has been only $10.00 since April 1, 1987 and has not been increased since then; NOW,- THEREFORE BE IT RESOLVED, that Grant County will increase the handling fee from $10.00 to $20.00 for all checks returned by financial institutions beginning January 15, 1996.