Based on the last six months of average fuel prices for regular unleaded gas, as well as the average cost of the last six weeks, mileage reimbursement rate will be adjusted down. Effective February 22, 2016, the mileage reimbursement rate will move to $0.36 per mile. Travel departing prior to the effective date will be reimbursed at the previous rate, while travel departing on or after the February 22nd effective date will be reimbursed at $0.36 per mile. This mileage reimbursement applies to all who do any state government work.
The Indiana Department of Administration and State Budget Office will continue to review fuel prices semi-annually and adjust reimbursement rates accordingly.
Please contact your Somerset advisor with any questions.