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.
How to Pay Employees for Gas Mileage. Itâs often cost-effective for an employer to ask employees to drive their own cars when at work, rather than invest in company-owned vehicles. However, this imposes a cost on the employee. Organizations frequently pay mileage reimbursements to attract and keep good workers. Following Internal Revenue Service guidelines for reimbursing vehicle operating costs based on mileage provides both the employer and the employee with significant tax advantages.