Executive Director
__________________
State of Wisconsin
Department of Administration
Madison
May 24, 1996
To the Honorable, the Legislature:
Chapter 34, Laws of 1979, requires that when the Department of Administration maintains an office in Washington, D.C., for the purpose of promoting federal/state cooperation, it should submit a report detailing the activities of the office and reporting the status of federal legislation of concern to the Legislature and other state agencies (Wis. Stats. 16.548(2)).
The report for the period January 1, 1996, through March 30, 1996, is attached.
Sincerely,
James R. Klauser
Secretary, DOA
__________________
State of Wisconsin
Claims Board
Madison
June 6, 1996
To the Honorable, the Assembly:
Enclosed is the report of the State Claims Board covering the claims heard on May 23, 1996.
The amounts recommended for payment under $5,000 on claims included in this report have, under the provisions of s.
16.007, Stats., been paid directly by the Board.
The Board is preparing the bill(s) on the recommended award(s) over $5,000, if any, and will submit such to the Joint Finance Committee for legislative introduction.
This report is for the information of the Legislature. The Board would appreciate your acceptance and spreading of it upon the Journal to inform the members of the Legislature.
Sincerely,
Edward D. Main
Secretary, Claims Board
__________________
State of Wisconsin
Department of Administration
Madison
June 6, 1996
To the Honorable, the Assembly:
This report is transmitted as required by sec. 20.002(11)(f) of the Wisconsin Statutes, (for distribution to the appropriate standing committee under sec. 13.172(3) Stats.) 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 balances during the month of May, 1996.
On May 1, 1996 the Wisconsin Lottery Fund balance was -$1.5 million. This shortfall continued until May 3, 1996 when the balance reached $.3 million. On May 6, 1996 the Wisconsin Lottery Fund balance was -$.1 million. This shortfall continued until May 9, 1996 when the balance reached $1.3 million. These shortfalls were due to the timing of revenues.
On May 13, 1996 the Wisconsin Health Education Loan Repayment Fund balance was -$9 thousand. This shortfall continued until May 22, 1996 when the balance reached $6 thousand. On May 31, 1996 the Wisconsin Health Education Loan Repayment Fund balance was -$1 thousand. This shortfall continued through the end of the month. These shortfalls were due to the timing of revenues.
The Wisconsin Lottery Fund and Health Education Loan Repayment 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, DOA