The mileage rate that may be claimed when using a privately owned vehicle for University Business is set by the New Mexico Per Diem and Mileage Act.
The standard mileage rate that MAY be claimed for usage of a privately owned vehicle for travel during calendar year 2014 is $.56 (fifty-six cents) per mile.
Departments have the authority to allow any rate up to the allowable rate for the time of the travel, and should communicate to their employees the rate that will be allowed.
Please note, this is not the rate to be used for employee moving expenses. For calendar year 2014 the Employee Moving Expense mileage rate is $.235 per mile. Please see the link to Moving Expense below for additional information.