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Combined Manual


GLOSSARY: MONEY...

ISSUE DATE: 09/2012
Revision #6

MONEY MISMANAGEMENT
MFIP : Money mismanagement exists where the well-being of the child(ren) is jeopardized by a CAREGIVER'S inability to plan use of income. See 0024.09 (Protective and Vendor Payments).

GA : A continuing pattern of money mismanagement includes, but is not limited to, a client having received a total of 2 or more emergency assistance payments within an 18 month period for which the emergencies were a direct result of the client's failure to use available resources for payment of basic need items. See 0024.09 (Protective and Vendor Payments).

MONTH OF APPLICATION

The calendar month in which a county agency receives a client's APPLICATION for ASSISTANCE.

MONTHLY INCOME ALLOWANCE

See ALLOCATION in 0002.03 (Glossary: Agent Orange...). Also see 0018.30 (Allocations).

MONTHLY INCOME TEST

The test used to determine ongoing eligibility and the UNIT'S ASSISTANCE amount.

MONTHLY REPORTING

The requirement to complete a HOUSEHOLD REPORT FORM (DHS-2120) (PDF) every month. See 0007.03 (Monthly Reporting - Cash), 0007.03.01 (Monthly Reporting - Uncle Harry FS).

MORTGAGE

A pledge of property to a creditor as security against a debt. In order for a loan to be considered a mortgage or 2nd mortgage, it must be secured by a legal lien against the property.

MORTALITY TABLES

A chart issued by the Commissioner of Revenue which shows the value of a LIFE ESTATE based upon a person's age.

MOTHERS AND CHILDREN (MAC) PROGRAM

A program administered by the Department of Health which gives commodity foods and recipes to women, children, and infants. On the Red Lake Indian Reservation, MAC is called the Commodity Supplemental Food Program. See 0029.07.12 (Commodity Supplemental Food Program).

MOTOR VEHICLE

A motorized road vehicle used to transport people or goods.

MSA

See MINNESOTA SUPPLEMENTAL AID in 0002.41 (Glossary: Medically Necessary...).

MULTIPLE OWNERSHIP

Two or more people have a financial share of the same property. Also see JOINT OWNERSHIP in 0002.35 (Glossary: Inventory...), TENANTS-IN-COMMON in 0002.65 (Glossary: Suitable...).

NADA

National Automobile Dealers Association.

NADA USED CAR GUIDE

A private publication giving standard values for motor vehicles.

NAPS

See NUTRITION ASSISTANCE PROGRAM FOR SENIORS (NAPS) in 0002.45 (Glossary: Netherlands' Act...), 0011.21 (Receipt of Other Assistance), 0029.07.12 (Commodity Supplemental Food Program).

NATIONAL SCHOOL LUNCH ACT

A federal law which provides free and reduced price lunches for children.

NATURAL DISASTER

Destruction of life or property caused by natural forces including but not limited to destruction caused by fire or weather.

NATURALIZED CITIZEN

A person who was not born in the United States, but who became a citizen by meeting legal requirements for citizenship and taking an oath of allegiance to the United States.

NEGOTIATED RATE FACILITY

See GROUP RESIDENTIAL HOUSING in 0002.29 (Glossary: Gross RSDI...).

NET COUNTED ASSETS

The total value of all ASSETS which are AVAILABLE and not excluded.

NET INCOME

Income remaining after each program's DEDUCTIONS and DISREGARDS are subtracted from GROSS INCOME.

NET INCOME LIMIT

The appropriate ASSISTANCE STANDARD for the UNIT or HOUSEHOLD size.


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Updated: 4/3/15 9:07 AM