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FOOD AND NUTRITION SERVICES CERTIFICATION INCOME AND RESOURCES FNS 315 SPECIAL BUDGETING

21 Section 315 Change #01-2022 January 11, 2022 3. If the average of the previous records is not representative due to an increase or decrease in business, average, and anticipate income for the certification period based on the most accurate information available. Document why the records were not representative and how the determination of countable income was made. NOTE: Do not consider normal business or seasonal fluctuations as a change. Do not consider a client who does sporadic or odd jobs that do not reoccur as self-employed. 4. When the FNS unit reports an increase or decrease in business that is expected to continue for more than one month, react to the change. If reacting to the change: a. Estimate the annual income and expenses based on the most accurate information available. Average and anticipate this income for the remainder of the certification period. b. Enter the anticipated averaged monthly income in NC FAST. c. If there was a loss in farm income, see 315.28 F. NOTE: Do not consider normal business or seasonal fluctuations as a change. D. Allowable Costs of Doing Business Include: 1. Costs of maintaining a place of business, other than the individuals place of residence, such as, rent, utilities, insurance on the business and its property, and property taxes. NOTE: If a business is operated in the home, allow only those costs identified for the part of the home used exclusively for the business. If expenses for the business are not separately identifiable, use a prorata share of household expenses as a cost of doing business. Payments on the principal cannot be allowed as a cost of doing business. 2. Principal and interest paid on loans used to purchase income producing equipment and property. 3. Taxes paid on income producing property. 4. Repairs and maintenance related to the business. 5. Employee labor costs including commissions paid, taxes, FICA insurance, etc.