Invoices for materials or services will be authorized for payment only upon the approval of the Board of Education.  However, payments for materials or services which are necessary for normal business operations which do not individually exceed $500 or exceed an aggregate monthly amount of $10,000 may be authorized by the Superintendent/designee.  In addition, if cash discount or avoidance of financial penalty can be achieved, the Superintendent/designee is authorized to issue a check.  In all such cases, the identity and amounts of such payments will be provided to the Board at the next regular meeting following payment.  The Board will consider such payments and ratify the action taken.