Section 200 - Compensation of supervisors1. Notwithstanding the election of a supervisor for a fixed term, the board of supervisors of each county shall have power from time to time to fix the compensation of its members for services rendered to the county. Except as hereinafter provided, such compensation shall be an annual salary and shall be in lieu of all fees, charges or compensation for all services rendered to the county. Each supervisor shall be entitled to receive an equal amount, except the chairman and the majority and minority leaders of the board, who may be paid an additional amount. Until otherwise provided, the compensation to be paid by a county to each member of the board of supervisors shall be the amount authorized to be paid therein for the year nineteen hundred fifty.2. Upon the adoption of a proposition therefor submitted as provided in this chapter, the members of the board of supervisors of a county, in lieu of an annual salary, may be paid a salary for board meetings and per diem compensation for committee work, or per diem compensation for both board meetings and committee work. The proposition may be initiated by a resolution of the board of supervisors or by a petition duly subscribed by electors of the county qualified to vote at a general election of county officers, in number equal at least to five per centum of the total vote cast for governor in said county at the last general election held for the election of governor. Such petition shall be acknowledged or authenticated in the same manner as provided by the election law for a designating petition. The proposition may be submitted at either a general or a special election as provided by a resolution of the board of supervisors, and shall become effective at the commencement of the fiscal year next following its adoption. Moneys appropriated to pay salaries of members of the board of supervisors for such next succeeding fiscal year, shall continue to be available to pay the compensation of the members of such board earned during such fiscal year in accordance with the proposition as adopted. If such proposition be adopted, no further vote shall be submitted before the fifth year thereafter.3. The salary, or the rate of per diem compensation, or both, as the case may be, fixed and paid during a fiscal year shall not exceed the salary or rate as specified in the notice of the public hearing on the tentative budget prepared for such fiscal year, published pursuant to section three hundred fifty-nine of this chapter.