I came across a great article on South Florida’s Sun-Sentinel about how cities are spending enormous amounts of money on credit cards in order to receive cash back rebates from the credit card companies.
Here are some excerpts from this article.
I like the extra thought put into saving money, but the rewards can be a place for employees stealing if not properly tracked. Also if it costs more to earn this way, then it isn’t a good plan either. If in the long run this makes the cities earn more than it is the way to go.
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