On June 1, 1998 the Wisconsin Health Education Loan Repayment Fund balance was -$5 thousand. This shortfall continued until June 29, 1998 when the balance reached $20 thousand. This shortfall was due to the timing of revenues.
The Wisconsin Petroleum Inspection and Health Education Loan Repayment Fund shortfalls were 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.
Sincerely,
Mark D. Bugher
Secretary, DOA
__________________
July 10, 1998
Mr. Charles R. Sanders
Assembly Chief Clerk
1 East Main Street, Suite 402
Madison, WI 53702
Dear Charles:
Enclosed is a copy of the General Report of the Joint Legislative Council to the 1997 Legislature, prepared and submitted pursuant to s. 13.81 (3), Stats. This General Report also incorporates additional information relating to legislative actions on Council proposals that was previously presented to the Legislature in the form of the separate Legislative Council Digest. The Digest has been discontinued.
I would appreciate your noting in the Assembly Journal, pursuant to s. 13.172, Stats., that this report has been delivered to your office.
Sincerely,
David J. Stute
Director
__________________
July 13, 1998
Mr. Charles R. Sanders
Wisconsin Assembly Chief Clerk
1 East Main Street, Suite 402
Madison, WI 53708
Dear Mr. Sanders:
Enclosed please find your copy of the June 1998 Miller Park Monthly Progress Report. If you have any questions or comments on this month's report, please feel free to contact me.
Thank you in advance for your consideration and input on the Miller Park project
Very truly yours,
MICHAEL R. DUCKETT, P.E., R.L.S.
Executive Director, SEWPBPD
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