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.
Standard Rates. Employers who pay mileage reimbursements usually set the amount at or slightly below the IRS standard rate for business use of personal vehicles. The standard rate is updated periodically to reflect average vehicle operating costs. For example, in 2012 the standard rate was 55.5 cents per mile.f you're going to pay mileage reimbursements, you are required to comply with IRS rules regarding allowable mileage and record keeping in order to write off the reimbursements as a business expense.