Getting caught speeding Boulder, Colo., could cost you big time, if the City Council's plan to increase traffic fines gets final approval.

If you're caught speeding 4 to 19 mph over the posted speed limit, you'll pay $500 and if you are speeding at 20 mph or more over the posted speed limit, you'll be slapped with a $1,000 ticket.

The current rates, which haven't been increased since 1982, are $100 and $300 respectively.

Tickets for street racing or eluding police would jump from $300 to $1,000 under the proposal that is expected to get preliminary approval Wednesday night.

City officials said the hefty fines will give judges more bargaining power when they accept plea bargains and they hope will make motorists think twice before breaking the law.