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AT CHAPEL HILL |
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| Office
of the Controller
Telephone. 919-962-1370 Fax: 919-962-4140 State Courier: #13-12-11 |
UNC
at Chapel Hill
CB# 1270,440 West Franklin Street Chapel Hill, N.C. 27599-1270 |
| To: | Deans, Directors, and Department Chairs |
| From: | Dennis
Press
University Controller |
| Re: | Mileage Rate for Business Use of Personal Vehicle |
| Date: | December 2, 1999 |
The business standard mileage rate set by the Internal Revenue Service will increase to 32.5 cents effective January 1, 2000. As authorized by the NC Office of State Budget and Management, departments may reimburse travelers up to 32.5 cents per mile for business use of a personal vehicle. The current rate of 3 1.0 cents per mile should be used for travel through December 31, 1999.
Thank you. Please call Travel Accounting at 962-0210 if you have any questions.