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.
Sometimes employees are required to use their own vehicles for work-related travel. This, of course, excludes traveling to and from work. Employers are required to reimburse employees for their mileage. Every year, the IRS specifies a rate at which employees can be refunded their mileage-related costs. The mileage reimbursement rate intends to cover the costs of operating a motor vehicle for business purposes. Mileage reimbursement offers benefits to both employers and employees. It encourages employees to make more business trips and support their companies without worrying much about the accrued mileage costs.