The state of Colorado at it's finest

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Dana67Dart

Dana67Dart

The parts you don't add don't cause you no trouble
FABO Gold Member
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Location
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Last month my daughter was looking at the state of Colorado lost property website and noticed I had some cash in my name.

I filled out all the forms and then saw that it was $0.07 from Chase Bank!


They wanted some additional info but really for 7 cents not worth my time.

Well what do you know in my mail today....


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"According to NACHA, it costs on average $1.22 to process a paper check, which accounts for manpower and various other costs"


Got to love the government!
 
Pennsylvania has the same type of program. They list accounts as less than $100 and more than $100. My older brother who was executor for my mom and dad plus my aunt said the headache to recover any funds was not worth it for less than $100. Paperwork, notary, etc.
 
I've gotten a collection letter for $.03.

What kind of idiot.......
 
I used my credit union at work the first couple years, they kind of screwed me-so I left 100.00 dollars in my account for 32 years, just to **** with them-all of the statements that they sent me.
 
My son got a check from the IRS for like a dollar and change he said it wasn't worth his time, so he threw it in the trash so every year for 3 years they sent the check again the last time they sent it I took it to his bank and wrote for deposit only and deposited it, end of story.
 
One thing I've done before to "some" companies(Bell)is setup payments in my online banking. I set up the "payment" for a nickel a week.
An accounting hassle for them.
Heres a statement I get every month lol

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Dana67Dart said:
Last month my daughter was looking at the state of Colorado lost property website and noticed I had some cash in my name.

I filled out all the forms and then saw that it was $0.07 from Chase Bank!


They wanted some additional info but really for 7 cents not worth my time.

Well what do you know in my mail today....


View attachment 1716020988



"According to NACHA, it costs on average $1.22 to process a paper check, which accounts for manpower and various other costs"


Got to love the government!
Click to expand...
It sounds stupid but from a accounting standpoint you either balance to the penny or the job you are doing isn't correct. My wife Is a CPA and could weigh in on that. The 160 million dollar budget shows that. Every penny is accounted for.
 
toolmanmike said:
It sounds stupid but from a accounting standpoint you either balance to the penny or the job you are doing isn't correct. My wife Is a CPA and could weigh in on that. The 160 million dollar budget shows that. Every penny is accounted for.
Click to expand...
Somebody needs to tell that to Washington.
 
I still have a check at home somewhere from Harley Davidson for $0.01. It was a payment from some rewards incentive program we used to get. When a customer left a good review, you'd get a Happy Card scratcher and I got one for one penny.
lemondana said:
I used my credit union at work the first couple years, they kind of screwed me-so I left 100.00 dollars in my account for 32 years, just to **** with them-all of the statements that they sent me.
Click to expand...
I've hated USBank for years and when I finally get around to dumping them, this is the way but I'll leave $25 or less in there, just make sure they lose money. Can't let the fuckers make interest on it.
4spdragtop said:
One thing I've done before to "some" companies(Bell)is setup payments in my online banking. I set up the "payment" for a nickel a week.
An accounting hassle for them.
Heres a statement I get every month lol

View attachment 1716021280
Click to expand...
Another great idea to stick it to em. What the hell are you doing for 13.45% interest? I want in on that!
 
Bought a prepaid Visa card, reloaded several times. Worked well. It had $0.17 on it. Visa closed out the service and sent me a check for that amount. Like was stated earlier seems insignificant but accounting is an exact science
 
Four months after I got out of the Navy, it was tax time. I filled out the forms and sent it in as early as possible. I was ready for a refund check to party with in college! The IRS had other plans.

I waited and waited, no luck. I called the “local” office and talked to machines - no response. Finally, damn near 6 months after I submitted my taxes, I got a written response! Basically, it said “We regret to inform you we cannot mail your refund check because we do not have your mailing address.” WTF?

I called again and read them the letter that they mailed to me. They really wanted that letter back, but I kept it (and lost it over the years).

After I explained to them they were idiots, I got my refund check within 3 days.
 
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I get it about the accounting. But they could have a "donate to the general fund" button
 
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