|Accounting Services announces in-state mileage rates|
Mileage reimbursement for use of personal vehicles within the state is allowed as follows: the lesser of the privately owned vehicle mileage reimbursement rate established by the U.S. General Services Administration (GSA) for an automobile if no government owned vehicle is available or the standard mileage rate allowed by the Internal Revenue Service. As of Jan. 1, the GSA website showed 55¢ per mile and the IRS showed a rate of 50¢ per mile. Therefore, the allowable mileage rate would be 50¢ per mile. By law, the GSA mileage rate cannot exceed the IRS mileage rate, but the GSA does not update their web site until later in the year. Previous mileage rates/periods are published on their website. Use the rate applicable to when the travel occurred.
-- Allison Peyton, Director, Accounting Services, firstname.lastname@example.org, 777-2968