Mileage Reimbursement 2024 Nc. Budget memos provide guidance and updates to state agencies on budget policies, requirements, and timelines. The fy 2025 rates are not the default rates until october 1, 2024.
If you want to understand the law surrounding mileage. Effective july 1, 2022, the office of state budget and management (osbm) increased the mileage reimbursement rate for official university business from 58.5 cents to 62.5.