Pol-0005-1 Determining Countable Assets

Effective Date: 10/3/2019

See also: 110-15-0005, 110-15-3558, 45 CFR 98.20

Revisions: Policy Manual Revision Log

Policy

This policy applies to determining if consumers have countable resources (assets) that exceed $1,000,000 as referenced in WAC 110-15-0005.

  1. At application or reapplication consumers are required to self-attest if their family assets exceed $1,000,000.  Consumers with $1,000,000 in assets are not eligible for the child care subsidy program.
    1. Verification is not required.
  2. Assets are defined as: property owned by a person or company, regarded as having value and available to meet debts, commitments.