Topic: bonds
Beginning October 1, 2016, all applicants for the Child Care Subsidy program cannot have resources that exceed $1,000,000. This policy change is in response to changes in federal law. Workers must ask all child care applicants if they have resources that exceed $1,000,000 and document the client’s response in FACS case notes. Resources include but […]
Liquid Resource – cash and other types of savings or investment funds which can be easily converted to cash such as checking or savings account balances, the cash value of savings certificates, and the cash value of stocks or bonds.