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 They are extreme. It is just like banks now. They charge you "fees" for NSFs nearing forty bucks a pop, even though it costs the bank a few cents to return a check. But, they wait until the end of the day to post checks so they can decide which ones to post first. For example, your rent check for $1200 comes in on the same day as four or five other much smaller checks. They will pay the largest one first so they can bounce the others and collect as many "fees" as possible. They also wait until the end of business to post deposits, once again enabling them to take more money from the customer's account. Bank executives actually get huge annual bonuses for collecting the most fees from customers! The mitigation fees are the same thing. It may cost the city a few hundred in actual impact, but they have to jack up the price through the roof to increase revenue. And, instead of charging per building, they charge per business. They get more cash that way. There...
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Tehachapi News hosts City Council Candidate Forum, Oct. 15

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