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HomeMy WebLinkAbout2005 01 10 Informational Item 306 Standard Mileage Rate 40.5 COMMISSION AGENDA ITEM 306 CONSENT INFORMATIONAL X PUBLIC HEARING REGULAR January 10, 2005 Meeting MGR (2.... /DEPT c!!J Authorization REQUEST: The Finance Department wishes to notify the Commission of the 2005 Calendar Year Standard Mileage Rate of 40.5 cents per business mile. PURPOSE: The purpose ofthis Agenda item is to notify the City Commission ofthe change in the standard mileage rate. CONSIDERATION: The Calendar Year 2005 Standard Mileage Rate is 40.5 cents a mile for all business miles driven. This notification is in accordance with the Commission's actions on September 20, 2004, Regular Agenda Item 506. The Calendar Year 2005 Standard Mileage Rate is up from the 37.5 cents a mile in Calendar Year 2004 due to the higher prices for vehicles and fuel during the year ending in September. The Travel Reimbursement Request Form, located on the City's shared drive, will be revised to reflect these new rates as of January 1, 2005. FUNDING: To be paid out of department's travel budget. RECOMMENDATION: None ATTACHMENTS: None COMMISSION ACTION: