Finance

Welcome

Watauga County Schools Finance Department

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.

Payroll Calendar

This calendar will provide details on the time period included in your paycheck.

Absence Codes

01 Sick Leave
02 Personal Leave – No Deduction
03 Extended Sick Leave
04 Remote Work
07 Absence Without Pay
09 Personal Leave – Noncertified Sub
10 Parental/Child Involvement Leave
14 Professional Development
19 Personal Leave – Certified Sub
20 Annual Leave
24 Contagious Disease Leave
28 Bonus Annual Leave
29 Bonus Leave 17/18
37 Teacher Assistant when Subbing
52 Donated Shared Leave Used
54 Jury Duty
60 Comp Time

Payroll Withholding Calculator

2024-25 Employer Rates

Social Security remains at 7.65%
Matching Retirement is at 24.04% (effective July 1, 2024)
Hospitalization is at $8,095 per year

Rates for subs are as follows:

Certified: $140 ($150.71 w/SS)
Uncertified: $113 ($121.65 w/SS)

Also, for those managing federal budgets, the indirect cost rate this year is 8.0%.

2024-25 Local Supplements

Certified

0-4 years: $2,125
5-9 years: $2,327
10-14 years: $2,485
15-19 years: $2,648
20-24 years: $2,790
25+ years: $3,008

Classified

$1,526

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 NC Public Schools online for a copy of the insurance contract.

Employees are encouraged to visit The North Carolina Professional Liability Website 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 eileen.townsend@dpi.nc.gov.