West Virginia Code 8-27-6 – Compensation of members; expenses
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As compensation for his services on the board each member shall receive from the authority the sum of $50 for each meeting actually attended. The total compensation paid to any member by the authority for any fiscal year shall not exceed in the aggregate the sum of $600. Each member shall also be reimbursed by the authority for all reasonable and necessary expenses actually incurred in the discharge of his duties as a member of the board.
Terms Used In West Virginia Code 8-27-6
- Authority: means any urban mass transportation authority created pursuant to the provisions of this article. See West Virginia Code 8-27-3
- Board: means the board of any urban mass transportation authority. See West Virginia Code 8-27-3
- 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.