Laserfiche WebLink
for business expansion or amortization of capital indebtedness shall <br />not be deducted to determine the net income from a business); <br />C. Interest and dividends; <br />The full amount of periodic payments received from social security, <br />annuities, insurance policies, retirement funds, pensions, disability <br />or death benefits and other similar types of periodic receipts (but <br />see subdivision (2)(c)); <br />e. Payments in lieu of earnings, such as unemployment and disability <br />compensation, worker's compensation and severance pay. <br />Public Assistance. If the public assistance payment includes an <br />amount specifically designated for shelter and utilities which is <br />subject to adjustment by the public assistance agency in <br />accordance with the actual cost of shelter and utilities, the amount <br />of public assistance income to be included as income shall consist <br />of: <br />The amount of the allowance or grant exclusive of the <br />amount specifically designated for shelter and utilities, plus <br />ii. The maximum amount which the public assistance agency <br />could in fact allow for the household for shelter and utilities, <br />g. Periodic and determinable allowances such as alimony and child <br />support payments, and regular contributions or gifts received from <br />persons not residing in the dwelling; <br />h. All regular pay, special pay and allowances of a member of the <br />Armed Forces (whether or not living in the dwelling) who is head of <br />the household or spouse (but see subdivision (2)(e)). <br />Where a household has net assets in excess of $5,000, income <br />shall include the actual amount of income, if any, derived from all of <br />the net household assets or 10 percent (10 %) of the value of all <br />such assets, whichever is greater. For purposes of this section, net <br />households assets means value of equity in real property other <br />than the household's full -time residence, savings, stocks, bonds, <br />Indusionary Housing Agreement Page 4 <br />City of Santa Ana November 4, 2013 <br />75D -99 <br />