To: Agency Financial Contacts

From: Paul Carlson

Date:               December 5, 2007

Subject:          Mileage Rates Effective January 1, 2008

Effective January 1, 2008 the standard mileage rate will be increased to 50.5 cents from the current rate of 48.5 cents.  All other information regarding personal vehicle mileage remains the same, and can be found at:  http://www.das.state.ne.us/accounting/nis/am005.htm#auto (State Accounting Travel Policy #7).  If you have any questions, please let me know.

Effective January 1, 2008 the mileage rates associated with employee moving/relocation expense will be increased to 50.5 cents from the current rate of 48.5 cents. The first 19 cents (compared to 20 cents per mile in 2007) is considered non-taxable income; any amount over 19 cents per mile should be treated as a non-qualified moving expense and is considered taxable income. Policies on moving can be found at:

http://www.das.state.ne.us/accounting/nis/am005.htm#move (General Policies - Moving Expenses, see both Qualified and Non-Qualified Expenses).

 There has been no change in the airplane rate so far.