02 Liquid Assets - Overview

FAA4.B Liquid Assets (LIAS) : 02 Liquid Assets - Overview

Liquid Assets - Overview

Liquid assets may be determined countable or not countable, depending on the program. The resource limit amounts for each program are as follows:

●CA Resource Limit

●NA Resource Limit

WARNING

Monies that have already been counted as income in a given month must not be counted as a resource in the same month. Count any money remaining in the following month as a resource.

Consider all countable liquid assets available to the budgetary unit when determining eligibility.

Policy and procedures for treatment of liquid assets are outlined as follows:

●Resource Considerations

●Liquid Assets Ownership & Availability

●Liquid Assets Sale or Transfer

●Liquid Assets Verification

●Liquid Assets Changes

●Liquid Asset Types