Mileage reimbursement rate will change in new year

Effective Jan 1, 2010, the mileage reimbursement rate will change from 55 to 50 cents per mile. This new rate is due to the IRS-announced reimbursement rate change.

There are now two reimbursement forms posted on the Financial Affairs “Common Forms” site. One is to be used to be reimbursed for miles driven in 2009; the other will now be used to be reimbursed for miles driven in 2010. Please be mindful of your travel dates to ensure that you are being reimbursed at the correct amount.

Questions? Contact Karon Bell at ext. 2162 or kbell@georgefox.edu.

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