Jon E. Litscher
Secretary, DER
__________________
State of Wisconsin
Legislative Audit Bureau
Madison
June 24, 1996
To the Honorable, the Assembly:
We have completed financial audits of the Wisconsin Gaming Commission and the Wisconsin Lottery for fiscal year 1994-95 to meet our audit requirements under s.
13.94(1)(em), Wis. Stats. We were able to provide unqualified opinions on the Gaming Commission's and Lottery's financial statements.
Copies of the audit reports 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 copies of these reports, please contact our office and request report numbers 96-7 and 96-8.
Sincerely,
Dale Cattanach
State Auditor
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State of Wisconsin
Investment Board
Madison
July 1, 1996
To the Honorable, the Legislature:
Under
1995 Act 274, the State of Wisconsin Investment Board is to provide an annual report to the Legislature regarding the Board's investment goals, strategies and performance. Section 30(2) of the Act provides for this initial report on July 1.
In response to the requirements of Act 274, this report addresses a wide range of specific topics, including risk management, use of derivatives and our investments in Wisconsin. An Executive Summary highlights key points in the report.
We are taking substantial steps to ensure that our risk management activities reflect the best practices in the industry. We appreciate your continuing support in helping us to reach that goal. Please contact me if you have comments or questions about the report.
Sincerely,
Patricia Lipton
Executive Director
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State of Wisconsin
Department of Corrections
Madison
July 2, 1996
To the Honorable, the Legislature:
Re: Claims under section 227.485 and 814.245, Wis. Stats.
The Department of Corrections has no claims under the above to report for the fiscal year ending June 30, 1996. Our legal counsel personnel have reviewed settlements during FY 96 and have determined that none apply to ss.
227.485 and
814.245 of the Wisconsin Statutes.
Sincerely,
Michael J. Sullivan
Secretary, DOC
