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56. BUDGET ADJUSTMENT FOR THE FY 26 EMPLOYEE VOLUNTARY BENEFITS In accordance with A.R.S. § 11-981 (C), approve the following amendments to the FY 2026 budget: a. Approve an increase to the Human Resources (D310) Benefits Trust Agency Fund (686) Operating (OPER) revenue and expenditure appropriation by $700,000. b. Approve offsetting eliminations to the Eliminations County (D980) Eliminations Fund (900) Operating (OPER) revenue and expenditure appropriation by $700,000. Budgeted expenditures in the Benefits Trust can be increased pursuant to A.R.S. § 11-981 (C), which states that expenditures during the fiscal year from a trust are not subject to the provisions of title 42, chapter 17, article 3. The requested budget adjustments would increase both the revenue and expenditure authority for the Benefits Trust Agency Fund (686) by $700,000. This expenditure covers voluntary benefit premiums that are 100% employee paid (i.e., group legal, ID theft, and supplemental health). In January 2026, enrollment in these voluntary benefits increased by more than 1,800 individuals, causing an increase in expenditure and corresponding revenue. There was also an increase in 100% employee-paid Medical FSA and Spouse life enrollment. (C-31-26-045-X-00)

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