Budget managers need to be aware of the fact that effective January 1, 2017, the IRS standard mileage rate for reimbursement changed to .535 cents per mile. All travel through December 31, 2016 should be calculated at the previous rate of .54 cents per mile. Travel occurring January 1, 2017 forward is to be calculated using the new rate. Please verify the correct rate is used when approving faculty/staff travel reimbursement requests.
For more information, please contact Jennifer Evans at firstname.lastname@example.org or 256-782-5002.