The compensation of each member of the commission shall be twenty-five thousand dollars ($25,000) annually. Each commissioner who attends a racing event or performs the duties required by this part, at the facility, shall receive an additional fifty dollars ($50) per day. One member of the commission shall be required to be in attendance at each racing event. Each member of the Greene County Racing Commission shall be paid at the same rate as any other employee of the Greene County Commission for attending any out-of-town meeting on official business of the Greene County Racing Commission. The above sums shall be paid out of the funds in the county treasury deposited to the credit of the Greene County Racing Commission and shall be paid to the commissioners in the same manner as the compensation of other county officers is paid.