2012 Mileage Rate

Dear Colleagues,

Effective July 1, 2011, the IRS increased the standard mileage reimbursement rate for business travel from $.51/mile to $.55.5/mile. This rate remains unchanged for 2012. For business trips taken on or after January 1, 2012, $.55.5/mile is the rate the College will be using. Please continue to use the current Travel and Entertainment forms; just use the new rate in your calculations. Please contact me if you have any questions.

Shirley O'Brien