The Internal Revenue Service (IRS) has announced an increase in the standard mileage reimbursement rate for business miles. The rate has been adopted for use by state employees and is effective as of January 1, 2008. Mileage rates are used to calculate reimbursements to employees that use their personal vehicle for business trips. Employees should note that the university actually utilizes two reimbursement rates. The IRS standard mileage reimbursement rate is used when a state owned vehicle is not available. A lesser rate is used when a state vehicle is declined or not requested by the employee.
Please use the new mileage reimbursement rates below when completing employee expense forms for trips taken after December 31, 2007.
Please use the new mileage reimbursement rates below when completing employee expense forms.
New Rate Effective January 1, 2008
State Owned Vehicle Not Available (IRS Standard):
50.5 cents per mile
State Owned Vehicle Declined:
43.5 cents per mile
Old Rate Effective January 1, 2007 - December 31, 2007
State Owned Vehicle Not Available (IRS Standard):
48.5 cents per mile
State Owned Vehicle Declined:
41.5 cents per mile
If you have any questions regarding travel or expense reimbursements, please contact Cindy Rossow, the university's travel claims clerk. Cindy can be reached at 389-5006 or cynthia.rossow@mnsu.edu.
