(1) The following nonbusiness resources are counted in determining a household's eligibility:

(a) cash on hand;

(b) certificate of deposits;

(c) checking/savings accounts;

(d) market value of stocks or bonds and/or other negotiable resources; and

(e) the equity value of real property which is not the family home.

(2) The equity value of the household's business assets is counted in determining eligibility.

(3) The value of the family home and the proceeds from the sale of the family home are not included as a resource for 12 months from the date of sale of the family home.

(4) In state fiscal year 2014, a household will be eligible if its total countable nonbusiness resources do not exceed $10,610 for a single person, $15,918 for two persons, and an amount equal to $15,918 plus $1,061 for each additional household member, up to a maximum of $21,223 per household. In addition, the household may have business assets whose equity value does not exceed $25,000.

(5) The dollar limitations on nonbusiness resources listed elsewhere in this rule shall be adjusted annually by the department on July 1 by increasing each limitation by an amount equal to the limitation amount for the previous year, multiplied by the lesser of:

(a) the percentage increase in the consumer price index (all items, United States city average) for the most recent calendar year completed before the beginning of the year for which the determination is being made; or

(b) 3%.