Jerome Joint School District No. 261

FINANCIAL MANAGEMENT 7460

Paying Bills

Bills will be paid monthly at the regularly scheduled board meeting date on the fourth Tuesday of each month. All

bills must be approved by the board. The board recognizes that from time to time circumstances allow the district

to take significant discount or an emergency exists and for that reason authorizes the business manager to pay bills

up to $25,000 prior to their actual presentation to the board. All bills paid in this manner must be presented to the

board for their approval at the next regularly scheduled meeting.

Legal Reference: I.C. § 33-701 Fiscal year – Payment and accounting of funds

Policy History:

Adopted on: 11/21/2006

Revised on: 08/28/2018