The University of Nebraska has finalized additional cost-reduction strategies identified by the Budget Response Teams as part of a university-wide effort to close a $49 million shortfall. The shortfall is brought on by cuts in state funding combined with the university’s rising costs. The complete list of 70-plus finalized strategies, along with frequently asked questions and other details about the Budget Response Teams, is available at www.nebraska.edu/BRT. Strategies include elimination … [Read more...]
New mileage reimbursement rate of 25 cents takes effect Sept. 1
On Sept. 1, the University of Nebraska will begin reimbursing employees for mileage using their personal vehicles for university travel at a rate of 25 cents per mile, rather than the Internal Revenue Service standard rate of 53.5 cents per mile. The new, decreased rate for personal vehicle use matches the average cost for the university to rent a vehicle utilizing private rental or pool vehicles. The Nebraska Department of Administrative Services confirmed in a June 27 letter that the … [Read more...]
