Assembly Bill 45897December 18, 2003
Assembly Bill 12198December 18, 2003
Assembly Bill 50799December 22, 2003
Sincerely,
Douglas La Follette
Secretary of State
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December 8, 2003
Patrick E. Fuller, Assembly Chief Clerk
17 West Main Street, Room 208
Madison, Wisconsin 53708-8952
Dear Mr. Fuller:
Please add my name as a cosponsor of Assembly Bill 699, relating to payments to ethanol producers and making an appropriation.
Thank you for your attention to this matter.
Sincerely,
Dave Hansen
State Senator
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Referral of Agency Reports
State of Wisconsin
Department of Administration
Madison
November 28, 2003
To the Honorable, the Legislature:
This report is transmitted as required by s.
20.002(11)(f), Wisconsin Statutes, (for distribution to the appropriate standing committees under s.
13.172(3), Wisconsin Statutes), and confirms that 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 cash balances during the month of October 2003.
On October 1, 2003, the Agricultural Chemical Cleanup Fund cash balance closed at its monthly low of a negative $125.0 thousand. The negative balance continued through October 31, 2003, when the balance closed at a negative $119.0 thousand. The negative balance was due to the difference in the timing of revenues and expenditures.
The Agricultural Chemical Cleanup Fund shortfall was not in excess of the statutory interfund borrowing limitation 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, and as a result, the funds requiring the use of the authority will effectively bear the interest cost.
Sincerely,
Marc J. Marotta
Secretary
Referred to committee on Ways and Means.
