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24. BUDGET ADJUSTMENT FOR ASRS EMPLOYER RATE CHANGE Pursuant to A.R.S. 42-1706(b), approve the transfer of expenditure authority in FY 2012 to Unreserved Contingency in Non Departmental (470), General Fund (100) and Detention Fund (255), Operating (0000) and Non Recurring (0001) budgets from General Fund (100) and Detention Fund (255), Operating (0000) and Non Recurring (0001) budgets of each of the departments. These changes will result in an overall net impact of zero. This change is needed to right-size budgets for the change to the employer contribution to the Arizona State Retirement System (ASRS) retirement and Long Term Disability plans. Until July 2011, the employee and employer participation in the ASRS retirement and Long Term Disability plans was based on a 50%/50% split. In July 2011, this changed to a 53% employee and 47% employer split. The FY 2012 budget was established prior to the effective date of the change. This change will provide the proper level of funding for the County's share of the retirement expense. (C-49-12-014-2-00)