New Mileage Reimbursement Rate Effective July 1

Summary

For more questions about the mileage reimbursement or Travel and Expense policy, email Accounts Payable.

For more questions about booking business travel, email Travel Services.

The IRS is making a rare, mid-year adjustment to the IRS mileage rate due to the rising price of gas. Effective Friday, July 1, the rate is increasing from $0.585 per mile to $0.625 per mile.

You can find the Expense Report template on CookNet here.*

Travel and Expense Policy Reminders

As business-related travel ramps back up, we would like to remind employees of the FN550 Travel and Expense policy*.

We encourage all employees to familiarize themselves with it, but here are a few key points to know:

All airfare needs to be booked through Travel Services* or via TripEasy*, a new partnership that allows employees to create their own profiles and book business travel.
All hotel reservations need to be booked through Travel Services, unless a lower rate is available through a conference hotel block.
All car rentals need to be booked through Travel Services.
Expenses must be turned in to Accounts Payable within 60 days of the actual expense.

(*Note: you must be connected to the network to access this page.)