177.60. The basic income of an adult is determined, for each month, by considering the adult’s situation as provided for in this Chapter.
It is equal to the deficit in resources compared to needs, which is calculated by(1) determining the amount of the basic benefit applicable to the adult;
(2) increasing it, if applicable, by the adjustments provided for in sections 177.73 and 177.74; and
(3) subtracting from the amount obtained pursuant to subparagraphs 1 and 2, except to the extent that they are excluded,(a) the income, earnings and other benefits earned or received by the adult that are considered pursuant to section 177.77;
(b) the amount determined for the income, earnings and other annual benefits that the adult received, according to the calculation method provided for in section 177.79;
(c) the amount determined for the income, earnings and other annual benefits that the adult’s spouse received, according to the calculation method provided for in section 177.80;
(d) the amount obtained by applying the percentage determined to the value of the property that the adult owns in accordance with section 177.91; and
(e) the liquid assets that the adult and spouse own on the last day of the preceding month.
In addition, if the amount obtained pursuant to the application of the second paragraph is greater than zero, the basic revenue is increased, if applicable, by the special benefits as provided for in section 177.76.
If the amount obtained is equal to or less than zero, the adult is no longer eligible under the program.
1140-2022O.C. 1140-2022, s. 451.