The following computations are made to determine total monthly income:
- (1) the monthly income available to the individual seeking financial assistance is identified by source, type, and amount;
- (2) any amounts excluded under 7 AAC 47.345, 7 AAC 47.360, or 7 AAC 47.450 are subtracted from the amounts identified under (1) of this section;
- (3) the resulting amounts derived under (2) of this section are added and rounded to the nearest dollar; this amount, which cannot be less than zero, is the total monthly income.
(Eff. 6/28/2002, Register 162; am 7/17/2024, Register 251)
Authority: AS 47.05.010, AS 47.25.120, AS 47.25.130