Trustee Remuneration and Expenses

Outcome statement

Remuneration and reimbursement of expenses to trustees is transparent, fair and reasonable.

Scoping

The board exercises its right to set the amount that the presiding member and other board members are reimbursed for attendance at board meetings. This is in line with the NZSTA guidelines. These honoraria cover the expense of attending board meetings and are not payment for work undertaken.

The principal, as a member of the board, is entitled to the same payment as all other trustees except the presiding member. 

Any other payments or reimbursements are at the discretion of the board.

Expectations and limitations

Currently at Southland Adventist Christian School:

• the presiding member receives $75 per board meeting

• elected board members receive $50 per board meeting

• payments to board members are to be in full at the last board meeting of the year in order that they may donate it back to the school, tithe or retain as they see fit

• there is no payment for working group/committee meetings

• attendance fees are non-taxable within the agreed non-taxable amounts of $605 annually for trustees and $825 for the presiding member

• costs associated with attendance at professional development sessions may be met by the board but prior approval must be sought

• all other reimbursements are at the discretion of the board and must be approved prior to any spending occurring by completing the SACS Staff Reimbursement claim form

Compliance

Income Tax Act 2007

IRD Honoraria payments to school trustees

Procedures/supporting documentation

SACS reimbursement claim form

See the following:

• SACS Staff trustee role description policy

• SACS Trustee induction process

• SACS Trustee remuneration and expenses policy

• SACS Trustee code of behaviour

• SACS Trustee register