What is the minimum daily compensation for voting members of the Kentucky Board of Auctioneers for official business?

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The minimum daily compensation for voting members of the Kentucky Board of Auctioneers for conducting official business is set at $300. This amount reflects the recognition of the responsibilities and duties that board members undertake while serving the state. The compensation is designed to ensure that individuals who take on these roles are adequately supported for their time and effort, particularly considering the importance of their decisions in regulating and overseeing the auction industry in Kentucky.

This level of compensation aligns with practices established for similar boards and agencies, reinforcing the professional standards expected within the state’s regulatory framework. The selection of $300 as the minimum compensatory amount is intended to strike a balance between being fair to board members and managing the financial resources allocated to governmental bodies.

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