Business mileage reimbursement rates for a personal vehicle have changed effective January 1, 2006.
Mileage reimbursement is currently based on the rate established by the federal government.
http://www.irs.gov/newsroom/article/0,,id=151226,00.html
Effective January 1, 2006, the reimbursement rate for usage of a personal vehicle for College business decreased from $0.485/mile to $0.445/mile. Business mileage accrued on and after this date is reimbursable at this new rate.
Mileage accrued between September 1, 2005 and December 31, 2005 is reimbursable at the previous $0.485/mile rate.
Ithaca College encourages travelers to use a college car whenever possible.
For additional travel related questions please contact Tami Hastings at 274-1480 or via e-mail at [mailto:tlhastings@ithaca.edu].
https://www.ithaca.edu/intercom/article.php/20060301145932599