Couple of points: 1) My math skills are not at all impressive but when the total take of parking meters is divided into the fees paid for processing it seems to come out to .0788%!!!! Wow when Covid forced the closing of my tiny business in Bar Harbor I think I was paying 4 or 5% to Visa/Mastercard. One would certainly expect that an account generating $3,000,000 + would certainly qualify for a much lower rate than nearly 8%. Am I missing something here? 2) Proposed license fee increases also seem a bit out of whack. What would be the justification for charging a tiny taxi company making a few thousand dollars a year a renewal fee of $140 while charging a mere $75 for the renewal of a liquor license potentially generating tens of thousand of dollars?
Couple of points: 1) My math skills are not at all impressive but when the total take of parking meters is divided into the fees paid for processing it seems to come out to .0788%!!!! Wow when Covid forced the closing of my tiny business in Bar Harbor I think I was paying 4 or 5% to Visa/Mastercard. One would certainly expect that an account generating $3,000,000 + would certainly qualify for a much lower rate than nearly 8%. Am I missing something here? 2) Proposed license fee increases also seem a bit out of whack. What would be the justification for charging a tiny taxi company making a few thousand dollars a year a renewal fee of $140 while charging a mere $75 for the renewal of a liquor license potentially generating tens of thousand of dollars?