section-vii BUDGETING TERMINATED INCOME

If the family reports that income has terminated or is scheduled to terminate during or after the base period, follow the instructions below. A. Verify the family member’s terminated income. 34 B. If the income has terminated and the last pay or benefit was received prior to the date of application, do not count the income. C. Do not count terminated income in any month following the month in which the last income is received. (For example: If the last pay is received in August, do not include the income in a budget for September or October.) D. If actual income is available for the month income terminates, budget the actual income for that month. Enter this as actual income in NC FAST. NC FAST does not convert this income. E. If a full month's income is not expected to be received, budget the amount that is expected, and document that this is actual income. EXAMPLE 1 A family applies for Work First Cash Assistance March 15. A family member receives UIB of $100 every week. The family reports the UIB is terminating and that they will receive one more UIB payment of $100 in April. The application is processed on March 25. Use the actual income of $200 in March's payment calculation. Use the actual income of $100 in April’s payment calculation. Do not count any UIB for May or for any ongoing months. EXAMPLE 2 A family is receiving ongoing Work First Cash Assistance. The family reports April 15 that a family member's employment ended April 12. The family member expects to receive the last pay May 6. The family member will receive only one pay in May. The employer verifies that the family member is paid $8.00 an hour and will be paid for 20 hours in his last pay. $ 8.00 x 20 $ 160.00 Budget $160 for the month of May.