The pass will cost $385.40 plus a $4.26 admin fee for a total fee of $389.66 for the eight-month 2015-16 school year and is a mandatory cost for all full-time (1.5 credits or more) students.
New Mileage Reimbursement Rate Effective 01/01/2015. The Department of Technology, Management and Budget has advised that the mileage rate has increased to $0.575 per mile, effective January 1, 2015. For a comprehensive list of all the travel rates, click on the link below. Travel Reimbursement Rates from 1982 to Present.
Mileage Reimbursement. Companies are willing to reimburse mileage to compensate employees so as to better retain and recruit people they need, according to HR Hero. Typically, company requirements for mileage reimbursement are set based on the annual IRS standard rate for business travel.For example, in 2013, a business could pay up to 56.5 cents per mile and write it off as a business expense. This is much simpler than keeping detailed records of actual operating expenses.ompanies can pay a mileage reimbursement that counts as a business expense and that is tax-free for employees as well. However, if they don't set requirements that follow Internal Revenue Service rules, both the company and the employees may lose their tax advantages.