MEMORANDUM

2009 Memorandums

IM-#92      12/29/09

DEPARTMENT OF SOCIAL SERVICES
FAMILY SUPPORT DIVISION
P.O. BOX 2320
JEFFERSON CITY, MISSOURI
TO:
ALL COUNTY OFFICES
FROM:
ALYSON CAMPBELL, DIRECTOR
SUBJECT:
SIGNIFICANT RETURN FOR THE FOOD STAMP PROGRAM
FOOD STAMP MANUAL REVISION # 42
1110.020.20

DISCUSSION:

This memorandum is to clarify the definition of significant return from the sale or disposition of real estate or personal property for the Food Stamp Program.

A return is the amount an individual could expect to receive from the sale or disposition of a resource, minus any cost associated with the sale or disposition.  To be a significant return, the return amount must be at least $1,500.  If the return amount is less than $1,500, the resource is excluded.  If the return is $1,500 or more, it is included as a resource. 

Determining if there is a significant return

Consider the following when applying significant return policy:

Entering the Significant Return in FAMIS

Use the following table as an example of how to enter the significant return determination in FAMIS.  Enter a "Y" in the significant return field on the Real Property (FMW4) or Personal Property (FMW2) screen if the return on each resource is $1,500 or more.  Enter an "N" in the significant return field if the return on each resource is less than $1,500.

John and Susan have applied for Food Stamp benefits and have declared these resources:

Resource Class

Resource Type

Owner

Value

Loan

Cost to Sell

Return

Entry in Significant Return Field

Value of Resource FAMIS considers

PP

Motorboat

Susan

$20,000

$19,000

$0

$1,000

N

$0

RP

Lot

John/Susan

$10,000

$8,000

$500

$1,500

Y

$1,500

RP

Lot

John and his brother Joseph own half each

$10,000

$7,000

$500

$2500, but only half ($1250)   is John’s .

N

$0

RP

Building

John/Susan

$30,000

$28,000

$1,000

$1,000

N

$0

TOTAL AVAILABLE RESOURCES

$1,500

The Food Stamp Manual section 1110.020.20 Real and Personal Property is updated to include this clarification.

NECESSARY ACTION:

KSO/NY


2009 Memorandums