>e.g., board members have to sit through training to remind us not to direct company funds into our own bank accounts - I doubt that's a training issue!).

"Have to"? As in 'obligatory?

Yes, required by state law, every few years for all water company board members. I probably overstated it a bit, but the training is that we can't just grant contracts to ourselves or our own companies without competitive bids, we can't compensate ourselves unreasonably, etc. I'm spending a few hours of my evening to go through that training in a couple of weeks, so I'm feeling a little annoyed about it. :-)

The law was in reaction to a suburban water company board in our state paying each of its members hundreds of thousands of dollars per year until it went bankrupt. That comp is not crazy in massive tech companies, but it is in small water companies. On our board, our compensation is up to $100 off our water bill each month and one bag of trash in the company dumpster each week, if there's room. That's in return for a ~2-hour meeting each month and 2~20 hours of work on various initiatives / committees (or training) each month.