Projecting Income - A Full Month's Income Has Been Received
When a full month of income has been received and no changes are expected, include the income for the month it is received and for ongoing months.
When a full month of income has been received and changes are expected, include the unusual income only in the month received. (See Example
Unusually High or Low) Project the income for ongoing months based on the budgetary unit’s verified circumstances.
When the income is verified as terminated, include the income only when received in the application month and remove it for ongoing months. (See Example
Terminated Source).
When a
full month of income(g) has been received, complete the following on the appropriate income screen:
●Key the
gross income(g) received in each pay period for the benefit month.
●Key the date the income is received.