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The Self-Sufficiency Standard: 2008

The Self-Sufficiency Standard: 2008. A Tool for Change. Community Action Board Montgomery County, MD Nov-08. What Is the Self-Sufficiency Standard? . The Self-Sufficiency Standard measures: The amount of income needed for a family of a given composition in a given place

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The Self-Sufficiency Standard: 2008

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  1. The Self-Sufficiency Standard:2008 A Tool for Change Community Action Board Montgomery County, MD Nov-08

  2. What Is the Self-Sufficiency Standard? The Self-Sufficiency Standard measures: • The amount of income needed • for a family of a given composition • in a given place • to adequately meet basic needs • without public or private assistance. 2008 Self Sufficiency Standard Montgomery County MD

  3. The Federal Poverty Guidelines are based on the cost of a single item: food (consistently 33% of a family’s total budget) The Standard is based on costs of: housing child care food health care transportation taxes miscellaneous The Self-Sufficiency Standard vs. the Federal Poverty Level 2008 Self Sufficiency Standard Montgomery County MD

  4. The Self-Sufficiency Standard in Montgomery County, MD 2008 Self Sufficiency Standard Montgomery County MD

  5. The Self-Sufficiency Standard in Montgomery County, MD 2008 Self Sufficiency Standard Montgomery County MD

  6. The Self-Sufficiency Standard Comparative MD Statistics 2008 Self Sufficiency Standard Montgomery County MD

  7. Child Care Costs for Montgomery County MD in 2008 Child Care expenses are based on a family of 4 that includes two children ages 1-2 & 3-5 years. Source: Maryland Child Care Resource Network, 2008 Maryland Report; data is not directly comparable to earlier reports. 2008 Self Sufficiency Standard Montgomery County MD

  8. Getting to Self-Sufficiency: Reducing Costs With Supports • TANF • Housing Subsidies • Child Care Subsidies – POC & WPA • Food Subsidies • Health Care Subsidies • Transportation Subsidies • Child Support & Enforcement 2008 Self Sufficiency Standard Montgomery County MD

  9. Self-Sufficiency Standard Compared with Income Eligibility Limits in Selected Public Subsidy Programs(Family Size = 3: One Adult, One Preschooler & One School-age Child ) 2008 Self Sufficiency Standard Montgomery County MD

  10. How Can a Family Reach the Self-Sufficiency Standard? • Wage increases, longer work hours, extra job • Reduce costs through supports or reduced spending • Move COSTS INCOME 2008 Self Sufficiency Standard Montgomery County MD

  11. Getting to Self-Sufficiency: Increasing Income • Better education • Better jobs, with higher wages and better benefits • Job training programs focused on particular high-wage industries • Nontraditional jobs for women 2008 Self Sufficiency Standard Montgomery County MD

  12. 2008 Self Sufficiency Standard Montgomery County MD

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