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The following computations are made to determine total monthly income:
(1) the monthly income available to the individual seeking financial assistance is identified by source, type, and amount;
(2) from the amounts identified under (1) of this section are subtracted any amounts excluded under 7 AAC 47.345 or 7 AAC 47.360;
(3) the resulting amounts derived under (2) of this section are added and rounded to the nearest dollar; this amount, which cannot be less than zero, is the total monthly income.
History: Eff. 6/28/2002, Register 162
Authority: AS 47.05.010
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Last modified 7/05/2006