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<br />CONSENT G2 <br />11/12/03 <br />ITEM: Mileage Reimbursement Rate Adjustments <br />SUBMITTED BY: Roland O. Olson, Finance Director <br />REVIEWED BY: Heather Worthington, City Administrator <br />EXPLANATION: <br />Summary: Currently, the Internal Revenue Service allows mileage reimbursement in the <br />amount of 36 cents per mile for 2003, with an increase in this rate up to 37.5 cents per mile <br />becoming effective January 1, 2004. The city of Falcon Heights currently has Council approval <br />for the rate of 34.5 cents/mile when an employee incurs automobile expenses while on City <br />business. Staff is requesting that the mileage reimbursement rate be increased to the IRS <br />approved level of 36 cents per mile for the balance of 2003, and then increased to 37.5 cents per <br />mile, effective January 1, 2004. <br />Meets Goal #4: To provide a responsive and effective City government <br />Strategy #7: To effectively manage the City's financial resources <br />• <br />• <br />ACTION REQUESTED: <br />• Approve the 36 cents per mile mileage reimbursement rate for the balance of 2003, and then <br />increase it to 37.5 cents per mile, effective January 1, 2004 <br />9 <br />