Mileage Reimbursement 2024 Nc. Effective january 1, 2022, the office of state budget and management (osbm) increased the mileage reimbursement rate for official university business from 56 cents to 58.50. The 2023 mileage rate will be 65.5 cents per mile for north carolina and south carolina.

For 2024, the irs mileage rate is set at 67 cents per business mile. You must follow these instructions to view the fy 2025 rates.