- Local Lease previously consisted of older vehicles with higher mileage. Per risk management guidelines these vehicles were only to be driven locally - not outside the Cedar Falls/Waterloo area.
- As we are no longer keeping older, high mileage vehicles, Local Lease was phased out and discontinued effective July 1, 2018 and regular lease rates will apply to all vehicles.
- The Mileage Rate is variable and is reviewed quarterly and adjusted, if necessary, due to changes in fuel prices. This is done in lieu of a fuel surcharge. The Mileage Rate applies to all miles driven per month.
Rates for FY23
|Vehicle Type||Mileage Rate||Monthly Rate|