Page 1

SNAP/TANF Program Policy Manual CHAPTER: 3400 SECTION: 3400 BUDGETING AND BENEFIT CALCULATION TABLE OF CONTENTS CONTENTS 3400.00.00 BUDGETING AND BENEFIT CALCULATION ............................................................................ 5

3405.00.00 INCOME BUDGETING PRINCIPLES ........................................................................................ 5

3405.05.00 INCOME FREQUENCY ........................................................................................................... 5 3405.10.00 BUDGET METHODS .............................................................................................................. 6 3405.10.05 REGULAR BUDGET METHOD ................................................................................................ 6 3405.10.10 FLUCTUATING BUDGET METHOD ........................................................................................ 6 3405.10.15 AVERAGING BUDGET METHOD ............................................................................................ 7 3405.10.20 PRORATED BUDGET METHOD .............................................................................................. 7 3405.10.25 BEGINNING/TERMINATING BUDGET METHOD .................................................................... 7 3410.00.00 BUDGETING SELF-EMPLOYMENT INCOME .......................................................................... 7 3410.05.00 DEFINITION OF SELF-EMPLOYMENT .................................................................................... 8 3410.10.00 ESTABLISHING ANNUAL SELF-EMPLOYMENT INCOME ........................................................ 8 3410.15.00 ALLOWABLE SELF-EMPLOYMENT COSTS ............................................................................. 9

3410.20.00 HOME USED FOR SELF-EMPLOYMENT (S) .......................................................................... 10 3410.25.00 FARM LOSS BUDGETING (S) ............................................................................................... 10 3415.00.00 BUDGETING BOARDER INCOME (S) ................................................................................... 10 3415.05.00 BOARDER COST OF BUSINESS (S) ....................................................................................... 11 3415.05.05 NET BOARDER INCOME (S) ................................................................................................. 11 3415.10.00 BUDGETING ROOMER AND BOARDER INCOME (S) ........................................................... 11 3420.00.00 RENTAL INCOME ................................................................................................................ 12 3420.05.00 BUDGETING RENTAL INCOME ............................................................................................ 12 3420.05.05 ALLOWABLE RENTAL EXPENSES ......................................................................................... 12 3425.00.00 BUDGETING STRIKER’S INCOME (S) ................................................................................... 13

3425.05.00 DEFINITION OF STRIKER (S) ................................................................................................ 13 3425.10.00 DETERMINING STRIKER’S INCOME (S)................................................................................ 13 3430.00.00 BUDGETING EDUCATIONAL INCOME ................................................................................. 13 3430.05.00 ALLOWABLE EXPENSES FROM EDUCATIONAL INCOME ..................................................... 15 3435.00.00 RECURRING LUMP SUM PAYMENT CALCULATIONS (C) ..................................................... 15 3437.00.00 CONTRACT SALE OF REAL PROPERTY ................................................................................. 15