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11 <br />0 <br />Exhibit 3.5 — Calculating Part 5 Annual Income — Exercise (Continued) <br />ANSWERS <br />ANTICIPATED ANNUAL INCOME <br />Family a. Wages/ I b.3enefrts/ <br />Member Salaries Pensions <br />c. Pubiz <br />Assistance <br />d. Other <br />Income <br />e. Asset <br />Income <br />Blanche I S17.680 <br />Enter the <br />greater of <br />lines 4 or 5 <br />from above <br />in e. <br />Rose ( S13.980 I <br />Dorothy I S7.200 ! <br />S. Totals j a. S38,860 ; b. <br />C. <br />d. <br />e. N/A <br />7. Enter total of stems from 6a. through 6e. This is Annaal /rcome................. <br />7. $38,860 <br />The hcusehold is no-, eligi-ie fcr ass:stance. Its income exceeds the Low Income Limit by $360. <br />Explanation <br />Blanche E:anc^e's ircome must include both wages a -d tips. (The tips are included as <br />wage: salar: inczme. Her wace ince me is Sc 240 annually ($5.00/hour x 6 <br />;:curs;nigh: x 4 mights,weet x 52 weeks/year' and her tip income is 511,440 <br />a-nuaily (555/nicht x = nicnts/week x 52 wee-,Wyear). <br />Rose =cse s wage income mus: be calculated :- hnc steps. For the first 6 weeks of the <br />=ar. she earns 56.5:/h0u-. Her inc-me=_t t�- s wage is $6.50/hour x 40 <br />urswee?� x 6 wee.— = 5-.560. Fc- the -ex- 46 weeks, her wage will be <br />�: hour Her ince ne a: this wace is S=.75_ hour x 40 hours/week x 46 weeks = <br />2.e-20. <br />�crc'^y :crc:^y made _==7.2C: las, ;sear, anc :her= .s -•:) reason to expect that she will work <br />—ore or les; o -_n it :ne :.:ming ye =.-. ir:ome is, therefore, estimated at <br />=_.2_J. F the inc:-ie Exclusions see =xr zit 3.2), the income she receives <br />_n =00a Star--cs is exc -bec from :;his ::Ic: ation. <br />echn,*cal Guide :6-r Determir.:ng Irc ome and Allowances for the HOME Program — 20 <br />