Section 1D. The board members shall serve without compensation, but shall be entitled to be reimbursed out of any funds available for the purpose, for their actual traveling and other expenses necessarily incurred in the performance of their official duties, but such reimbursement shall not in any fiscal year exceed three thousand dollars for the total aggregate expenses of all of the board members.

Terms Used In Massachusetts General Laws ch. 131 sec. 1D

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.