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The resource limit is the maximum value of nonexempt resources which the AG may retain without affecting eligibility. It is dependent on the composition and living arrangement of the AG and the specific rules that govern each program. An AG with countable resources in excess of the applicable resource limit is ineligible for benefits.

Refer to Section 3005.00.00 for the specific resource limits. 2615.00.00 TYPES AND VALUE OF PERSONAL PROPERTY

This section describes the policy for determining the value of personal property resources. The different types of such resources and their consideration are discussed. 2615.05.00 CASH ON HAND

Cash which is not part of a current month's income is counted as a resource. Cash includes money the individual owns, no matter where it is located. Cash on hand includes: • Amounts carried by the individual; • Amounts the individual has at home and • Amounts held for the individual elsewhere.

Client’s verbal statement declaring the amount of the cash on hand is sufficient verification, unless questionable, then a signed statement would be required.

2615.05.10 CROWDFUNDING ACCOUNTS

Crowdfunding accounts are way to fundraise from multiple people to assist in paying for things

such as medical bills, funeral costs, starting a new business or pet care. If a SNAP OR TANF applicant or AG member is the beneficiary of a crowdfunding account, such

as GoFundMe or Kickstarter, it is considered a liquid asset and is a countable resource (minus

fees) in the budget. Withdrawals from the crowdfunding account are considered unearned income in the month

received and a resource in the month(s) following. This income is to be entered into the

eligibility system as unearned income – other non-exempt.

2615.10.00 BANK AND OTHER ACCOUNTS

Bank accounts refer to funds in a bank, credit union, savings and loan association, or any other financial institution, which are usually payable on demand. Bank accounts may be solely or jointly owned. Joint ownership exists when the right to liquidate the account is shared by more than one individual.