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Office of Business and Finance

New Mileage Rate as of 02/01/16

January 13, 2016

For miles driven beginning February 1st, 2016,  the College will pay a standard rate of $0.54 (54 cents) per mile.

This is the current rate published by the IRS.  The standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile.

Mileage is to be based on the most direct route. The College does not reimburse employees for commuting between home and campus.