Item Text

48. RETENTION PAY PLAN AND MARKET ADJUSTMENTS FOR THE SECOND QUARTER Pursuant to A.R.S. 42-1706(b), approve the following transfers for expenditure authority in FY 2015: 1. Increase the FY 2015 General Fund (100) expenditure budgets by the amount indicated for the departments and function classes listed under the General Fund (100) heading on the attached schedule. Offset these increases by a decrease to the Non Departmental (470) General Fund (100) Operating Other Programs (4712) Compensation Market and Merit line by $131,351 for a net impact of zero. 2. Increase the FY 2015 Detention Fund (255) expenditure budgets by the amount indicated for the departments and function classes listed under the Detention Fund (255) heading on the attached schedule. Offset these increases by a decrease to the Non Departmental (470) Detention Fund (255) Operating Other Programs (4712) Compensation Market and Merit line by $54,568 for a net impact of zero. These changes are necessary to appropriate expenditure authority for the Retention Pay Plan and Market adjustments implemented between 10/01/14 and 12/31/14. (C-49-15-033-2-00)

Attachments (1)