01/03/00

For TANF Cash (Categories 04, 06, P4, and P6) cases, RRA Cash (Category 00) cases, CGA (Category 07) cases, and P3-TA cases, the system compares the amount of assets recorded for each of the following codes to the asset limits. (Assets are not an eligibility factor for Category 90, 94, and 96 cases.) If assets are more than the allowable limit, the case is centrally canceled using TAR 41. Enter only nonexempt assets subject to the asset limits. Do not deduct the asset limit amount.

ITEM 91 CODE Description
701

Liquid Assets

Cash and Bank/Credit Union accounts, savings certificates, stocks and bonds, lump sum payments

703 Equity Value of all Nonexempt Vehicles
704 Life Insurance Cash Value
705

Other Nonliquid Assets - total equity value 

For example, non-homestead property

NOTE: Do not include the value of deferred property (code 710). For prepaid burials, enter the nonexempt portion of the prepaid burial fund.

710

Deferred Non-homestead Real Property

Enter the last month and year of the deferral period in the AMOUNT field. See WAG 07-01-04-a.