Wisconsin Department
of Children and Families - Division
of Early Care and Education
Bureau of Child Care Subsidy Administration
Wisconsin Shares Handbook
The asset limit is $25,000 for the Assistance Group (AG). The asset test is required at application and renewal. Only liquid assets are included in the asset test. Liquid assets are an individual's financial resources that are cash or that can be quickly converted to cash without incurring penalties, including cash on hand, as well as funds in checking, savings, money market, and credit union share accounts.
Foster parents, subsidized guardians, interim caretakers, relatives with court-ordered placement who receive Kinship Care payment, and children in tribal placement homes under a substantially similar Wisconsin tribal law, are not subject to the asset test. However, if Wisconsin Shares subsidy is needed for any of their biological or adopted children, the asset test will be part of the eligibility determination.
Any business liquid assets encumbered by a legal entity, such as a Limited Liability Company (LLC), must not be included in the family’s asset test.
Parents can self-declare liquid assets with no further verification when they state that their liquid assets do not exceed $25,000.
If a family claims to have more than $25,000 in liquid assets, the local agency must request documentation of the liquid assets to ensure that eligibility is correctly denied.
Agency workers must document the verification that was received that demonstrates the family exceeded the liquid asset limit in the comments field on the CWW Assets for Child Care page (see 12.1).
This section last updated 12/1/2022