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Meeting notes IRS business mileage rate increase to 72.5 cents; local rate discussed
Summary
Meeting attendees recorded that the IRS raised the business mileage rate to 72.5 cents per mile while the local reimbursement rate was noted as 70 cents; the medical mileage rate was noted as reduced in the IRS update.
Officials at a Cheyenne County meeting reported an update on IRS mileage reimbursement rates: the IRS increased the business mileage rate to 72.5 cents per mile, while the county's current local rate was described in the transcript as 70 cents.
An unidentified speaker said the IRS "did raise the mileage rate for business to 72 and a half cents," and later confirmed "We're currently at 70¢, and the IRS raised to 72 and a half." Another attendee briefly noted the medical rate had been lowered. The speaker attributed the IRS increase to past inflation and described it as a 2.5‑cent change relative to the local rate.
Why this matters: changes to the federal mileage rate can affect reimbursement calculations for business travel by county employees and for residents who track mileage for tax or reimbursement purposes. The transcript does not record a formal decision to adjust the county's local reimbursement rate to match the IRS change.
The meeting transcript contains no formal motion or vote to change the county's reimbursement policy; any local adjustment would require a separate administrative or legislative action not recorded in the provided segments.
