Updated Mileage Rates for 2024
The updated mileage rates are listed in UW-3019 Vehicle Use/Rental Policy and the new reimbursement rates are loaded in SFS. (1.5 cent increase to .67 is the official IRS mileage rate.)
Please let Kelly know if you have any questions about these rates or the mileage reimbursement policy.
| Type of Vehicle | Standard Rate (as of 1/1/23) | Standard Rate (as of 01/01/24) |
|---|---|---|
| Automobile | $0.655 | $0.670 |
| Motorcycle | $0.635 | $0.650 |