Prospective budgeting definition

Prospective budgeting means the determination of eligibility and the amount of assistance for a calendar month based on the best estimate of income and circumstances which will exist in that calendar month.
Prospective budgeting means that the agency shall compute the amount of assistance for a payment month based on its best estimate of income and circumstances which will exist in that month. This estimate shall be based on the agency’s reasonable ex- pectation and knowledge of current, past or future circumstances.
Prospective budgeting means the determination of eligibility based on the best estimate of income and circumstances that will exist in the payment month.

Examples of Prospective budgeting in a sentence

  • Prospective budgeting is a process of determining countable income for the benefit month based on anticipated income expected to be received during the certification period.

  • Prospective budgeting in the first two months, and retrospective budgeting thereafter.

  • Prospective budgeting is calculating the TANF payment using the anticipated income of the members of the assistance unit and the excluded persons required to be included in the assistance unit in the budget month.

  • Prospective budgeting for a Semi-Annual Reporting household means the computation of a household's CalFresh allotment for the SAR Payment Period based on an estimate of income and expenses which will exist in the certification period.

  • Prospective budgeting means the Temporary Assistance payment is based on the Temporary Assistance family's anticipated income and expenses for the payment month.


More Definitions of Prospective budgeting

Prospective budgeting means that the agency shall determine eligibility (and compute the amount of assistance for the first one or two months) based on its best estimate of income and cir- cumstances which will exist in that month. This estimate shall be based on the agency’s reasonable expectation and knowledge of current, past or fu- ture circumstances.
Prospective budgeting means the computation of a household's food stamp allotment for an issuance month based on a reasonable anticipation of income and circumstances that will exist in the issuance month or months.
Prospective budgeting means computation of a household's eligibility and recipient liability based on the best estimate of income, expenses, and circumstances for a benefit month.
Prospective budgeting means determining eligibility and the amount of assistance for a calendar month based on an estimate of the income and the circumstances that will exist in that month.
Prospective budgeting means that the amount of payment for any given month will be based on the best estimate of income and circumstances that will exist in that month.
Prospective budgeting means that the assistance computation is based on an estimate of the income, expenses, and other circumstances that will exist in the certification period.
Prospective budgeting means the computation of a household's food stamp allotment for an issuance month based on an estimate of income and circumstances which will exist in that month.