Code Reference

Version: 1 POLICY [NEW] The Indiana Department of Child Services (DCS) partners with foster family homes to ensure children in foster care are placed in a stable environment. In pursuit of this, DCS will evaluate the financial stability of persons applying for foster family home licensure or re-licensure. In accordance with 465 IAC 2-1.5-5 (Qualifications Of The Foster Family; Finances), foster parents shall demonstrate that the household has sufficient income and appropriate fiscal management to maintain its stability and security without a foster care payment. Foster care payments received on behalf of the child are intended for the sole benefit and care of the child while in foster care. Foster family homes will submit accurate financial information including, but not limited to pay check stubs, tax forms, and monthly expenses on Foster/Adoption Family Inventory (SF54607) as part of the licensure process