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L ' <br /> FINANCIAL MANAGEMENT DEPARTMENT <br /> #2005 - 25 <br /> June 15, 2005 <br /> MEMO TO: Honorable Mayor and City Council Members <br /> FROM: Steve Garman, City Manager <br /> Ron E. Neufeld, Director of Financial Management <br /> SUBJECT: Illinois Funds E-Pay " <br /> Summary Recommendation <br /> It is recommended that the City Council adopt the proposed resolution authorizing the <br /> Director of Financial Management to enter into an agreement with the Illinois State <br /> Treasurer to participate in the Illinois Funds E-Pay program. <br /> Background <br /> At present the City of Decatur only accepts payments by check, cash, money order and <br /> cashier's check. The City of Decatur has received numerous requests from the citizens to <br /> be able to use credit cazds and make payments via the Internet. In order to provide <br /> improved customer service to the citizens and possibly improve the collection on <br /> delinquent accounts and other payments to the City, the Department of Financial <br /> Management wishes to enter into an agreement with the Illinois State Treasurer to <br /> participate in the Illinois Funds E-Pay program. <br /> The Illinois Funds E-Pay program will allow the customer to go on-line to pay utility <br /> bills, licenses, permits, parking tickets and other payrnents to the City of Decatur. These <br />, funds will be deposited into an Illinois Funds E-Pay money market clearing account, until <br /> we withdraw them. <br /> Potential Objections <br /> There are no known or expected objections. <br />