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.
If you offer a reimbursement plan that differs from the standard rate, you may be required to include the reimbursements on employeesâ payroll and income tax records. Thatâs why most employers simply choose to use the IRSâ standard rates for mileage reimbursement.nd finally, the employee should be required to return any excess reimbursement to his employer. Mileage reimbursement arrangements provide a number of tax benefits for both employers and employees.