BULLETIN 010407

TO: ALL EMPLOYEES
FROM: FINANCE
DATE: JANUARY 4, 2007
RE: NEW MILEAGE REIMBURSEMENT RATE

Effective January 1, 2007, the IRS-approved rate for reimbursement for business use of a personal vehicle will increase from the current $0.445 per mile to $0.485 per mile. MATC will begin using this rate effective for miles driven after January 1.

The new Expense Reimbursement form to be used beginning with January 1 is available now on the Department of Financial Resources website.

Under the heading of Expense Reimbursement Forms, you must select the appropriate fiscal year and format.

If you have any questions about expense reimbursement, please call Linda Geier at 258-2328.

Mary Rapp,
Director of Finance