MILEAGE REIMBURSEMENT

Mileage Reimbursement Rate Effective January 1, 2009:

Make sure you are reimbursed for the correct mileage rate in 2009 for business miles driven.  Effective January 1, 2009, the University will move to the State of Missouri’s practice of reimbursement for business miles driven at a rate three cents less than the IRS standard mileage rate.  Accordingly, effective January 1, 2009 the University’s maximum mileage reimbursement rate for business miles driven will change to 52 cents per mile, three cents less than the IRS standard mileage rate of 55 cents per mile. The IRS mileage rate represents an average rate to be used nationwide, while the rate used by the State of Missouri is more in line with costs in the Midwest region of the country.

In addition, the maximum rate for moving expenses will be 21 cents per mile, three cents less than the IRS rate of 24 cents per mile.