No aid under this Article VII shall be granted or paid for any person who has not exhausted all assets and resources available to such person, provided, however, that the following properties and assets shall be considered “exempt” and shall not be counted in determining eligibility:
(a) Cash assets, savings and/or checking accounts, the total of which does not exceed the maximum property reserve permitted under the Medi-Cal program, as set forth in Section 50420 of Title 22 of the California Code of Regulations, or any successor regulations;
(b) Personal effects, exclusive of luxury jewelry;
(c) Household furnishings;
(d) Tools, trade equipment, and fixtures used in the individual’s regular trade or work;
(e) Insurance policies or funds placed in trust for the provision of interment or for funeral expenses to the extent of not more than $1,500 per family;
(f) An interment plot for use by members of the Applicant’s or Recipient’s family;
(g) A vehicle with a cash value that does not exceed the maximum equity value of a vehicle permitted under the CalWORKs program, as set forth in California Welfare and Institutions Code section 11155(c), or any successor statute; and
(h) Life insurance policies with a combined face value of up to $1,500.
(As Sec. 20.56.10, amended by Ord. 271-81, App. 5/21/81; Ord. 125-93, App. 4/30/93; Ord. 419-94, App. 12/23/94; Ord. 152-98, App. 5/8/98; redesignated as Sec. 20.7-13 and amended by Ord. , File No. 160636, App. 8/1/2016, Eff. 8/31/2016, Oper. 1/1/2017)
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