Common use of TRANSPORTATION EXPENSE Clause in Contracts

TRANSPORTATION EXPENSE. The Principal shall provide an automobile for use in the performance of the Principal’s duties. The Principal shall insure the automobiles used in such performance with an insurer and in amounts and coverages reasonably satisfactory to the Board. The Board shall provide the Principal with an automobile stipend for the contract year of $800 in lieu of reimbursement on a mileage basis for business travel less than 25-mile distance from Woodridge School District 68. The stipend may also be received as a non- taxable benefit to be reimbursed as the employee submits mileage and expense logs, at the IRS approved rates, to claim reimbursement for such expenses after they have been incurred. The Principal must select the method of reimbursement by June 30th of each fiscal year with the Business Office. In the event the selection is not made by the deadline, the prior year's selection will remain in place. The Principal may submit for reimbursement mileage for business travel 25 miles or more from Woodridge School District 68.

TRANSPORTATION EXPENSE. The Principal shall provide an automobile for use in the performance of the Principal’s duties. The Principal shall insure the automobiles used in such performance with an insurer and in amounts and coverages reasonably satisfactory to the Board. The Board shall provide the Principal with an automobile stipend for the contract year of $800 in lieu of reimbursement on a mileage basis for business travel less than 25-mile distance from Woodridge School District 68. The stipend may also be received as a non- non-taxable benefit to be reimbursed as the employee submits mileage and expense logs, at the IRS approved rates, to claim reimbursement for such expenses after they have been incurred. The Principal must select the method of reimbursement by June 30th of each fiscal year with the Business Office. In the event the selection is not made by the deadline, the prior year's selection will remain in place. The Principal may submit for reimbursement mileage for business travel 25 miles or more from Woodridge School District 68.