Each year the board approves a budget. In 2016, the amount for board other meetings (training) was $64,298. In 2017, for the same account, the amount spent was $44,445; in 2018, it was $72,068. The budgeted amount for 2019 is $44,500.
If a director has a spouse or a guest accompany him/her on training, it is the director’s responsibility to cover all costs associated with bringing a guest.
The directors do not have a limit for what they can spend on meals. However, the directors must provide detailed receipts for what was purchased. Any alcoholic beverage purchases are considered non-reimbursable expenses.