A member of the governing body of a district may receive an amount not to exceed $50 for each day or portion thereof as compensation for services performed as a member of the governing body. Such compensation shall not be deemed lucrative. The governing body may provide for reimbursement of a member for actual and reasonable traveling and other expenses necessarily incurred by a member in performing official duties. [1971 c.403 § 2; 1983 c.327 § 2; 1983 c.740 § 53a; 1989 c.517 § 1; 1995 c.79 § 74]