2006 Mileage Reimbursement Rate for Travel
Michael V. McKee, University Controller
The Federal General Services Administration (GSA) has released the standard mileage rates to use for 2006 in computing the reimbursement for operating an automobile for business purposes.
Beginning January 1, 2006, the standard mileage rates to reimburse for the use of a privately owned automobile for business purposes will be 44.5 cents a mile for all business miles driven.
The previous reimbursement rates noted below should be used for all travel occurring on or before December 31, 2005 when reimbursing in 2006:
Travel Occurred Rate
1/1/2005-9/30/2005 40.5 cents per mile
10/1/2005-12/31/2005 48.5 cents per mile
If you have any questions, you may contact Randy Staples or Brett Wallen at 392-1245.