Mileage Rate Changed to 50 Cents

William Kirwan, Chancellor of the University System of Maryland, has announced a change to the mileage reimbursement rate from 55 cents to 50 cents effective January 1, 2010.  This rate must be used for all expense reimbursement requests for travel that occurs after December 31, 2009.  Chancellor Kirwan’s memorandum is posted at the Financial Services web site http://www.umbc.edu/FinancialServices//whats_new.htm