Business Services
Welcome to the Transylvania County Schools Department of Business Services website.

New Year Updates 
Reimburseable mileage rates have increased to 56.5 cents/mile when using your personal vehicle for business use.

Per diem rates when traveling out of state are as follows:

                                                In State        Out of State
Breakfast                                    $   8.00             $  8.00
Lunch                                            10.45               10.45
Dinner                                           17.90               20.30
Lodging (actual, up to)                     63.90               75.60

 Supplement Payment Schedule
To better help you plan and budget your personal finances we have developed a supplement payment schedule that lists supplement type, when it is paid, and how you receive it.  Click here to view the PDF file or print it.

Occasionally we will have questions about combining the supplement pay with regular monthly pay.  When calculating taxes our software will either

    a. combine all income earned for the month, no matter when it is paid, or
    b. calculate federal taxes at 28% and state taxes at 7% on separate checks.

This cannot be changed.  Because the vast majority of employees pay effective rates of less than 28% and 7%, we have chosen to combine payments.

If you would like taxes withheld at a lower rate, you may increase your withholding allowances for the months you receive your supplement.  If you would like to change your withholding allowances, please complete a W-4 or NC-4 at least 2 weeks before payday and submit to the Business Services Department.

Federal Stimulus Funds
American Recovery and Reinvestment Act (ARRA)

One of the over-riding premises of the new Federal Stimulus funds (ARRA funds) is to ensure that there is public disclosure as to the use of those funds.

To prevent fraud and abuse, support the most effective uses of ARRA funds, and accurately measure and track results, recipients must publicly report on how funds are used. Due to the unprecedented scope and importance of this investment, ARRA funds are subject to additional and more rigorous reporting requirements than normally apply to grant recipients.

See http://www.ed.gov/policy/gen/leg/recovery/factsheet/stabilization-fund.html for more information.

All of our expenditures are reported monthly to the State Department of Public Instruction (NCDPI) and NCDPI is providing the required quarterly reports to the federal government on behalf of the North Carolina school systems. In addition they will likewise be posting this data on their state website: http://www.ncpublicschools.org/fbs/arra/allotments/

Site Powered by: SharpSchool © 2004 - 2013. School Website Host