Board Policies

Adoption Date: Dec 27, 1993

The Board directs the prompt payment of legitimate claims by suppliers of goods and services to the Corporation.

Billings which have delinquent penalties or early payment discounts may be paid prior to Board approval.

Each bill or obligation of this Board must be itemized fully and verified before a warrant can be drawn for its payment.

When an invoice is received, the Treasurer shall verify that a voucher is submitted properly, that acceptable goods were received or satisfactory services rendered, that the expenditure is included in the Board’s budget and funds are available for its payment, that the amount of the invoice is correct, and a signed claim has been submitted for any amount over $100.00.

All payments shall be submitted for Board approval in the form of a listing that includes the vendor’s name; the number and amount of the check; and the description of the item.

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