I have emailed one of the reporters to ask if he knows why the bail was reduced. Will post if I ever get an answer.
Bail Reduction
At times, a criminal defense attorney may be able to convince the court to lower the bail amount substantially, especially if the bail fee is too high for the crime the suspect is accused of committing. In making its determination whether to reduce bail, the court will consider some of the following factors:
· 1. The nature of the offense;
· 2. The circumstances leading to or surrounding the offense charged;
· 3. The weight of the evidence against defendant;
· 4. The defendant's mental condition, length of residency in the community, employment history, financial resources, and family ties, which may lower the probability of the alleged criminal to flee or commit another crime;
· 5. The defendant's history of convictions, past and present conduct, including any record of previous flight to avoid prosecution or failure to appear at court proceedings;
· 6. Whether the defendant is on any probation, parole, or other release pending completion of sentence or already on release, pending resolution of another criminal proceeding;
· 7. The probability of danger that the defendant poses when he/ she is released into the community and the probability of intimidation and danger to victims; and
· 8. The source of the funds used to post bail.
http://www.avvo.com/legal-guides/ugc/what-is-bail-why-is-it-required-and-can-bail-be-reduced