mileage reimbursement
New transportation policies start Feb. 1
To increase efficiency and generate savings, policies that govern the University of Missouri System vehicle fleet and other forms of transportation will change starting Thursday, Feb. 1. These changes include:
- A reduction of mileage reimbursement rate from 50.5 cents per mile to 37 cents per mile for travel by personal vehicle. This revised policy aligns with the current mileage rate for the state of Missouri.
- The development of a new Trip Optimizer tool, which will help travelers determine the most cost effective means of travel by vehicle. The tool will include two options: the use of a rental vehicle and reimbursement for personal vehicle miles.
- A partnership with the state on longer-term initiatives, including bulk fuel purchases, asset disposal and a fleet management system.
Mileage reimbursement increases
The university’s mileage reimbursement rate for business use of a personal vehicle increased by 4.5 cents per mile as of July 1. The new rates are as follows:
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