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Personal Automobile Mileage Reimbursement

Memorandum #210 Personal Automobile Mileage Reimbursement

Revised: July 1, 2022
Original Date of Issue: April 12, 1974
Policyholder: Controller
Approved by: Board

At its meeting of May 2, 1985, the Board of Trustees established that the auto mileage reimbursement rate would be consistent with the rate allowed by the Internal Revenue Service regulations on non-taxable reimbursable expenses. The IRS standard mileage rate will increase by 4 cents from 58.5 cents to 62.5 cents per mile. This reimbursement rate will become effective July 1, 2022.

Automobile parking costs associated with the use of personal automobile on College business must be supported by receipts.