Thank you for your service.
Sincerely,
Scott R. Jensen
Assembly Speaker
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August 26, 1998
Governor Tommy Thompson
State Capitol, Room 115 East
Madison, WI 53703
Dear Governor Thompson:
I have appointed Peter C. Weissenfluh to serve on the Benevolent Retirement Home for the Aged Task Force which was created by
1997 Wisconsin Act 27. This appointment is effective immediately. As you can see from the attached resume, Mr. Weissenfluh will bring over a quarter of a century of experience to the committee.
Please let me know if I can provide any additional information.
Sincerely,
Shirley Krug
Assembly Democratic Leader
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Agency Reports
State of Wisconsin
Department of Administration
Madison
August 25, 1998
To the Honorable, the Legislature:
This report is transmitted as required by sec. 20.002(11)(f) of the Wisconsin Statutes, (for distribution to the appropriate standing committees 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 July, 1998.
On July 15, 1998 the University Trust-Principal Fund balance was -$522 thousand. This shortfall continued until July 17, 1998 when the balance reached $5.04 million. This shortfall was due to the timing of revenues.
On July 20, 1998 the Wisconsin Petroleum Inspection Fund balance was -$2.09 million. This shortfall continued until July 24, 1998 when the balance reached $5.03 million. This shortfall was due to the timing of revenues.
The University Trust-Principal Fund and 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
