George Bald: Non-Business Use Estimation

Facts: Total Utilization for FY2011 was 25,980 miles
Assumption: Commute is 40 miles (mapquest "Somersworth" to "172 Pembroke Dr, Concord NH")
TABLE #1
Using CarPay Reporting Figures (2007 - 2010):
Year
2011
2010
2009
2008
2007
Average Trips:

TABLE #2 *
Fiscal Year Mileage (2007- 2011):
Year
2011
2010
2009
2008
2007

Round Trips
pending
81
73.5
58.5
12
56.25

Miles
25,980
27,600
26,427
30,763
23,520

*Mileage is relatively stagnant across the five years.

TABLE #3
Estimations using CarPay Trips, Commute and FY2011 Total Mileage (25,980 miles)
Estimated Non-Business Miles
( based on CarPay Trips from Table #1)
Highest report (81 Trips)
3,240
Average Report (56.25 Trips)
Lowest Report (12 Trips)

Estimated %
Estimated Business Miles
NBM
(based on FY11 Total Mileage - Col B)
12.47%
22,740

cost of NBM
($0.33/mile)
$1,069.20

Cost of Business Miles Savings/Expense
($0.555/mile)
(Col E - Col F)
$12,620.70
-$11,551.50

2,250

8.66%

23,730

$742.50

$13,170.15

-$12,427.65

480

1.85%

25,500

$158.40

$14,152.50

-$13,994.10