To committee on Transportation, Tourism, Forestry, and Natural Resources.
Senate Bill 103
Relating to: restrictions on the operation of motor vehicles by persons using electronic text messaging devices and providing a penalty.
By
Senators
A. Lasee, Cowles, Lehman, Carpenter, Risser, Lassa, Harsdorf, Taylor, Darling, Schultz, Olsen and Hansen; cosponsored by Representatives Barca, Townsend, Van Roy, Bies, Spanbauer, Lothian, Petrowski, A. Ott, Friske and Strachota.
To committee on Transportation, Tourism, Forestry, and Natural Resources.
__________________
State of Wisconsin
Department of Administration
February 27, 2009
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 January 2009.
On January 1, 2009, the I
njured Patients and Families Compensation Fund cash balance closed at a negative $102.7 million. This negative balance continued through January 31, 2009, when the fund's cash balance closed at a negative $101.4 million. The I
njured Patients and Families Compensation Fund cash balance reached its intra-month low of a negative $104.1 million on January 8, 2009. The negative balance was due to the transfer of $200 million to the Medical Assistance Trust Fund per
2007 Wisconsin Act 20, and the pending liquidation of fund securities necessary to offset this shortfall.
On January 1, 2009, the Conservation Fund cash balance closed at a negative $ 12.1 million. This negative balance continued through January 31, 2009, when the fund's cash balance closed at a negative $27.3 million (its intra-month low). The negative balance was due to the difference in the timing of revenues and expenditures.
On January 1, 2009, the Utility Public Benefits Fund cash balance closed at a negative $4.3 million. This negative balance continued through January 31, 2009, when the fund's cash balance closed at a negative $6.6 million (its intra-moth low). The negative balance was due to a delayed transfer to the fund.
On January 1, 2009, the Dry Cleaner Environmental Response Fund cash balance closed at a negative $14 thousand. This negative balance continued through January 26, 2009, when the fund's cash balance closed at a positive $5 thousand. The Dry Cleaner Environmental Response Fund cash balance reached its intra month low of a negative $39 thousand on January 5, 2009. The negative balance was due to timing of revenues and expenditures.
The Injured Patients and Families Compensation Fund, Conservation Fund, Utility Public Benefits Fund, and Dry Cleaner Environmental Response Fund shortfalls were not in excess of the statutory interfund borrowing limitations 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,
michael l. morgan
Secretary
Referred to joint committee on Finance.
__________________
Relating to the service award program for volunteer fire fighters, first responders and emergency medical technicians.
Submitted by Department of Administration.
Report received from Agency, March 2, 2009.
Referred to committee on Small Business, Emergency Preparedness, Technical Colleges, and Consumer Protection, March 3, 2009
.
Relating to background checks of individuals who provide personal care services, and affecting small businesses.
Submitted by Department of Health Services.
Report received from Agency, February 27, 2009.
Referred to committee on Health, Health Insurance, Privacy, Property Tax Relief, and Revenue,
March 3, 2009
.
__________________
The committee on Health, Health Insurance, Privacy, Property Tax Relief, and Revenue reports and recommends:
Relating to practice hours and internship for social workers.
No action taken.
Jon Erpenbach
Chairperson
__________________
The committee on Transportation, Tourism, Forestry, and Natural Resources reports and recommends:
Relating to the administration of the urban forestry catastrophic storm grant program.
No action taken.
Jim Holperin
Chairperson
