Our audit report includes no major findings, conclusions, or recommendations and, in our judgment, is not likely to be of interest to most members of the legislature.
Copies of the audit report have been distributed to members of the Joint Legislative Audit Committee and those required by law to receive copies. If you are interested in receiving a copy of this report, please contact our office and request report number 95-14.
Sincerely,
Dale Cattanach
State Auditor
__________________
A377
State of Wisconsin
Investment Board
Madison
June 30, 1995
To the Honorable the Assembly:
This report from the State of Wisconsin Investment Board (SWIB) describes our plan to invest between $1.1 and $2.4 billion in Wisconsin over the next five years.
In
1985 Wisconsin Act 53, the Governor and Legislature encouraged SWIB to make investments in Wisconsin, consistent with the purpose of the funds which we manage. The law provides that each biennium SWIB is to submit a five-year plan for investment in the state. The plan reflects advice from the Department of Development (DOD) as to the types of investments which are likely to have the greatest impact on the state's economic development.
For the two years which ended June 30, 1994, new investments in Wisconsin totalled $1.3 billion. This level significantly exceeded our goal of $470 million to $950 million for that period. Several special programs contributed to our investments in state. Under the Wisconsin Bank Program, we purchase certificates of deposit issued by qualified banks and thrifts. Our private placements program makes direct loans at market rates to creditworthy Wisconsin businesses. We are a shareholder in a number of Wisconsin companies and participated in the initial public offerings of stock of several firms during the last two years.
These investments include companies which are headquartered in Wisconsin as well as businesses which have a significant portion of their operations in this state. We will continue to foster investment in Wisconsin through cooperation with the DOD, close ties with Wisconsin financial institutions and by participation in various directories of financing resources.
We particularly appreciate the recommendations from DOD regarding future investment opportunities. Their suggestions will be helpful in achieving our goals for the next several years.
I hope you find this report informative. If you have questions about the information which is provided please feel free to contact me at 266-9451.
Sincerely,
Patricia Lipton
Executive Director, SWIB
__________________
State of Wisconsin
Department of Public Instruction
Madison
To the Honorable, the Legislature:
The attached report meets the mandates in s.
140.84,
Wis. Stats. to provide a report on the implementation of the Joint Youth Alcohol/Drug Abuse Plan. Please note that this report covers the period from July 1, 1993, to June 30, 1995. The plan calls for most activities to be completed over a minimum of two (2) years.
The Department of Public Instruction and the Department of Health and Social Services have worked cooperatively to totally or partially complete the established objectives. There is considerable joint involvement on committees of the State Council on Alcohol and Other Drug Abuse. Your suggestions or comments regarding this report are welcome.
Sincerely,
John t. benson
State Superintendent, DPI
Richard W. Lorang
Acting Secretary, DHSS
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REFERENCE BUREAU CORRECTIONS
Assembly Bill 91
In enrolling, the following correction was made:
1. Page 1, line 3: before the period insert: "and of flashing warning lamps on authorized emergency vehicles".
Assembly Bill 146
1. Page 7, line 15: delete "O
ffenses" and substitute "Offenses".
Assembly Substitute Amendment 1 to Assembly Bill 334
1. Page 1, line 8: substitute "1." for "1".
2. Page 2, line 11: substitute "paragraph" for "subsection".
3. Page 2, line 13: delete "Section" and substitute "The treatment of section".
Assembly Bill 406
1. Page 5, line 9: substitute "Section 14" for "Section 2".
Assembly Bill 416
1. Page 1, line 1: after "635.07" insert ", 635.17".
2. Page 1, line 4: delete "to repeal and recreate 635.17;".
Assembly Bill 464
1. Page 1, line 3: substitute "professionals" for "prefessionals".
Senate Bill 125
1. Page 1, line 1: substitute "(4) (b)" for "(4) (c)".
2. Page 3, line 15: on lines 15 and 16, substitute "(b)" for "(c)".
