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Subsidized Child Care Assistance Program Policy Manual Chapter 7. Family Definition and Determining Income Eligibility Revised 08/01/2024
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limited to the following: • Business accounting records or statements from an outside accountant (generally compiled based on information provided by the applicant/recipient). • Ledger books or bookkeeping records, including those maintained by the applicant/recipient or an employee, either paper or in software programs such as Quicken. • Lease agreements that are maintained by the applicant/recipient. Note: For expenses, verification must indicate the date the expense was paid, to whom it was paid, and the purpose of the expense. iii. Signed statement of a financial institution, bank, or real estate agent.
iv. Applicant Statement
At application, the applicant’s written statement of income may be accepted AS A LAST ALTERNATIVE only if no business or current tax records are available and the applicant has not previously been informed of the requirement to keep business records. Applicant's written statement is acceptable for gross receipt income only rather than net income after operating expenses. The applicant's statement cannot be accepted for operational expenses. If a recipient does not keep good records, the child care