Wisconsin Administrative Code
Department of Children and Families
DCF 021-99 - Safety and Permanence
Chapter DCF 54 - Child-Placing Agencies
Section DCF 54.08 - Allowable costs
Universal Citation: WI Admin Code ยง DCF 54.08
Current through February 26, 2024
In determining rates under this subchapter, the department may consider costs incurred for any purpose that is allowable under all of the following:
(1) Applicable federal regulations, including 2 CFR Part 200, 45 CFR Part 75, and 48 CFR Part 31, except as provided in sub. (2).
(2) Reserves or profit as allowed under the following:
(a) For nonprofit corporations, reserves
allowed under s.
49.34(5m) (b)
1, Stats.
(b) For proprietary child-placing agencies,
profit allowed on an annual basis is the smaller amount determined under the
following 2 methods of calculating profit:
1.
The equity method is the sum of 7.5 percent of allowable operating costs plus
15 percent of average net equity for the year. In this subdivision, "average
net equity" means the average cost of equipment, buildings, land, and fixed
equipment minus the average accumulated depreciation and average long term
liabilities for the year.
2. The
expenses method is 10 percent of allowable operating costs for the
year.
Further explanation is available in the department's Allowable Cost Policy Manual, which is available in the Partner Resources/Grants and Contract Administration section of the department's website at http://dcf.wisconsin.gov.
Disclaimer: These regulations may not be the most recent version. Wisconsin may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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