Wisconsin Administrative Code
Department of Workforce Development
DWD 60-75 - Vocational Rehabilitation
Chapter DWD 60 - Supervised Business Enterprises Operated By Blind Persons
Section DWD 60.11 - Set-aside funds
Universal Citation: WI Admin Code ยง DWD 60.11
Current through February 26, 2024
(1) REQUIREMENT. The department shall collect, maintain and administer funds from the net proceeds of the operation of each business enterprise, including vendor-owned enterprises, in accordance with provisions of this section.
(2) AMOUNT.
(a) Funds that the department requires be set
aside shall be computed on the basis of a percentage of the individual
operator's net proceeds for a given month. The department may each year
reconsider and change that percentage to ensure that set-aside funds are
sufficient for the uses made of these funds. Set-aside charges for vendor-owned
enterprises shall be at a reduced rate to reflect vendor-owner responsibility
for maintenance, repair and replacement of all business enterprise
equipment.
(b) The department shall
bill operators each month for the set-aside charge.
(3) ACCOUNTING. Set-aside funds maintained by the department shall be accounted for in accordance with generally accepted principles of fund accounting.
(4) USES. Set-aside funds may be expended only for the following purposes:
(a) To maintain and replace
equipment;
(b) To purchase new
equipment;
(c) To pay for
management services;
(d) To assure
a fair minimum return to operators; and
(e) To establish and maintain retirement or
pension funds, health insurance contributions and provisions for paid sick
leave and vacation time.
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