IMPORTANT NOTICE
Effective January 1, 2009, the University of Missouri moved to the State of Missouri's practice of reimbursement for business transportation expenses at a mileage rate that is three cents less than the IRS standard mileage rate. The IRS rate is based on an annual study of the fixed and variable costs of operating an automobile. While fuel prices are a significant factor in the IRS mileage rate, fuel costs may fluctuate widely across the country with typically higher fuel costs on the east and west coasts as compared to the Midwest. 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 lower fuel costs in the Midwest region of the country.
