Tuesday, June 24, 2008

Cost of driving - UP!

Who woulda thunk?

We just got word from the bean-counter types. It says:

"Due to increased gas prices, the Internal Revenue Service announced an increase in the standard mileage rate for the last six months of 2008.

"Effective July 1, 2008, the mileage reimbursement rate for the use of personal cars in conjunction with company business will be increased to 58.5¢ per mile, up from the current 50.5¢.

"This new rate is effective through December 31, 2008."

I'm just guessing, but I'd say the cost of operating my bike has jumped, too. Mostly due to more expensive parts/supplies, and delivery of them to this isolated burg. My cost is probably 2.8¢ per mile, up from 2.5¢.

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