The finance staff provides support regarding budgeting, accounting, and reporting. In addition, school finance provides oversight regarding school level budgets, federal grants management, and other finance related issues.
2016-17 Employer Rates
- Social Security remains at 7.65%
- Matching Retirement is at 16.54% (Jan - June 2017)
- Hospitalization is at $479.50/mo (Jan - June 2017)
Rates for subs are as follows:
- Certified: $103 ($110.88 w/SS)
- Uncertified: $80 ($86.12 w/SS)
Also, for those managing federal budgets, the indirect cost rate this year is 8.0%.
2016-17 Local SupplementsCertified
0-4 years $1,950
5-9 years $2,135
10-14 years $2,280
15-19 years $2,430
20-24 years $2,560
25+ years $2,760
Notice of State Liability Insurance
Excess Professional Liability coverage is provided to all employees up to $1 million per occurrence with a $1 million aggregate.
Coverage for consultation with an attorney regarding violation of professional or employment related right is provided at $2,500 per claim, subject to a $5,000 aggregate per employee, per policy year.
Reasonable and necessary attorneys fees and costs incurred by an employee arising from a criminal proceeding alleging a criminal act was committed within the professional activities of an employee are covered up to $50,000. Employee must be found "not guilty" of all criminal charges.
Employees are encouraged to visit www.ncpublicschools.org for a copy of the insurance contract.
Employees are encouraged to visit www.professionalliabilitync.com for information about this state-funded program and details on How to File a Claim.
Liability Insurance for Public School Employees is provided to all employees, including volunteers of public and charter schools. There is no enrollment process, nor is there a fee or premium charge to employees.
For additional information or questions, contact Eileen Townsend, NCDPI Chief of Insurance, at 919.807.3522 or email@example.com.
2015-16 Expenditures Report
Per GS 115C-105.25(c), the following links will provide you information on the 2015-16 state expenditures for Watauga County Schools.
01 or 11 Sick Leave
03 or 13 Extended Sick Leave
04 or 14 Absence Without Deduction
05 or 15 Absence With Deduction
06 or 16 Personal Leave
07 or 17 Absence Without Pay
02 Voluntary Shared Leave
10 Child Involvement Leave
20 Annual Leave
22 Annual Leave for Catastrophic Illness
26 Personal Leave Day/Non Protected Day
28 Bonus Annual Leave
37 Teacher Assistant when Subbing
2016-17 Payroll Due Dates
CUT-OFF DATE DUE IN TO FINANCE July 17 July 19 August 21 August 23 September 18 September 21 October 16 October 19 November 13 November 16 December 11 December 14 January 15 January 18 February 12 February 15 March 12 March 15 April 9 April 12 May 14 May 17 *June *June
*We will notify you of the cut-off date and due date for June; as you know, this depends upon the last day of school.