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Financial Services

Frequently Asked Questions

Q. What is the Mileage Rate?
A. Currently 54.5 cents per business mile (as of 1/1/18).  This is adjusted annually per IRS guidelines.

Q. What day of the week are Accounts Payable checks cut?
A. Thursday, by 1 pm.

Q. When are check requests due in order to have a check by Thursday by 1 pm?
A. By 4:30 p.m. Tuesday.

Q. What is the limit on getting a cash reimbursement?
A. $250.00

Q. What is Skidmore's Federal ID#?
A. 14-1338562

Q. In addition to New York, what other states have tax exempt status?
A.  Florida, Kentucky, New Jersey, Massachusetts, City/County of San Francisco & Virginia. These can be obtained by contacting Accounts Payable.