Wednesday, July 24, 1996
The Chief Clerk makes the following entries under the above date
__________________
State of Wisconsin
July 24, 1996
The Honorable, The Senate:
Pursuant to
1995 Wisconsin Act 303, as President of the State Senate, I am appointing Senator Gwen Moore as a member of the Milwaukee Child Welfare Partnership Council.
Sincerely,
Fred A. Risser
Senate President
State of Wisconsin
Department of Corrections
June 28, 1996
The Honorable, The Legislature:
This is the annual report on Prison Industries for the fiscal year ending on June 30, 1995, as required by Wisconsin Statutes 303.018. This report includes the cash balance of each industry and the total amounts expended by state agencies for wood furniture and printing. It also shows what portion of the total wood furniture and printing state agencies purchased from Prison Industries and includes year-end cash balances.
The cash deficit decreased by $1,248,900 (from -$2,927,700 to -$1,678,800) in fiscal year 1995. Total assets of plant, equipment and inventories of $8,333,900 exceed the cash deficit by $6,655,100.
See Appendix A for a summary of the cash balance for each industry and the overall financial condition of Prison Industries.
The net income on the accrual accounting basis was $566,400 for the fiscal year ending June 30, 1995.
State agencies spent $2,046,200 on wood furniture in FY95. Of that amount, $666,800 or 32.6% was purchased from Prison Industries. During the same period, state agencies purchased $38,259,900 in printing from all sources. Of that amount, $850,300 or 2.2% was purchased from Prison Industries. State printing bulletins now require that all forms for which Prison Industries has negotiated a contract be purchased from Prison Industries. Appendix B provides comparisons with FY94.
Sincerely,
Michael J. Sullivan, Secretary
Department of Corrections
James R. Klauser, Secretary
Department of Administration
State of Wisconsin
Department of Administration
July 8, 1996
The Honorable, The Legislature:
This report is transmitted as required by sec. 20.002(11)(f) of the Wisconsin Statutes, (for distribution to the appropriate standing committees under sec. 13.172 (3) Stats.), and confirms the Department of Administration has found it necessary to exercise the "temporary reallocation of balances" authority provided by this section in order to meet payment responsibilities and cover resulting negative balances during the month of June, 1996.
On June 1, 1996 the Wisconsin Health Education Loan Repayment Fund balance was -$1 thousand. This shortfall grew to -$2 thousand on June 6 and continued through the end of the month. This shortfall was due to the timing of revenues.
On June 6, 1996 the Wisconsin Health Insurance Risk Sharing Fund balance was -$1 thousand. This shortfall grew to -$6 thousand on June 21 and continued through the end of the month. This shortfall was due to the timing of revenues.
The Wisconsin Health Education Loan Repayment Fund and Health Insurance Risk Sharing Fund shortfalls were not in excess of the $400 million ceiling and did not exceed the balances of the Funds available for interfund borrowing.
The distribution of interest earnings to investment pool participants is based on the average daily balance in the pool and each fund's share. Therefore, the monthly calculation by the State Controller's Office will automatically reflect the use of these temporary reallocations of balance authority.
Sincerely,
James R. Klauser
Secretary
Referred to joint committee on Finance.
State of Wisconsin
Wisconsin Acid Deposition Research Council
July 19, 1996
The Honorable, The Senate:
Enclosed is a copy of the Wisconsin Acid Deposition Research Council's Fifth Biennial Report titled, A Status Report of Acid Rain Research in Wisconsin. This report summarizes the results of the Council's highly successful ten year effort and announces a new public/private partnership to continue environmental monitoring in Wisconsin.
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We can all feel proud of the fact that since 1986 Wisconsin has led and continues to lead the nation in acid deposition policy, research and monitoring activities. For example, in 1994, sulfur dioxide emissions from Wisconsin's major electric utilities totaled 192,093 tons, which is a 62 percent reduction from 1980 levels. This is 23 percent below the goal of 250,000 tons established in s.
144.388 (2) (b), Wis. Stats. As a result, the acidity of rainfall and snow statewide fell an average of 50 percent during this period which has improved the quality of life for all Wisconsin residents.
As required by s.
16.02 (2), Wis. Stats., this report has been submitted to Governor Thompson; Secretary of the Department of Administration; Natural Resources Board Chair; and, to the Chief Clerks of the Legislature's Senate and Assembly.
Should you have any questions, or wish to discuss this report, please contact Jolene Anderson at (608) 266-7375.
Sincerely,
Nathanniel E. RobiNson
Chair
State of Wisconsin
Legislative Audit Bureau
July 23, 1996
The Honorable, The Senate:
The Audit Bureau is required by statute to contract for the performance of an actuarial audit of the Wisconsin Retirement System (WRS) at least once every five years. We contracted with the actuarial firm, The Segal Company, for the most recent actuarial audit. The audit has been completed and includes the actuary's audit report, much of what is quite technical, and a response from the Department of Employe Trust Funds and its consulting actuary.
In its report, The Segal Company concluded that most actuarial functions of the WRS are adequately performed and that the WRS actuarial assumptions are reasonable and consistent with experience. In contrast, the Segal Company raised more notable concerns with the actuarial analysis for the Duty Disability program. We are considering the Segal Company's concerns as part of a comprehensive evaluation of the program to be released next month. The Segal Company also offered observations and suggestions in other selected areas.
Copies of the actuarial report have been distributed to members of the Joint Legislative Audit Committee, the Retirement Research Committee, the Department of Employe Trust Funds and its boards, and to others required by law to receive copies. If you are interested in receiving a copy of the report, please contact our office and request a copy of the actuarial audit report of the Wisconsin Retirement System.
Sincerely,
