Urban Nonpoint Source Cost Sharing 0 15,000,000 10,000,000 15,000,000 15,000,000 13,000,000
Municipal Flood Control and
Riparian Restoration 0 3,000,000 8,000,000 13,000,000 13,000,000 0
Public Instruction
Classroom Facilities 0 0 0 200,000,000 0 0
State Fair Park
Board Facilities 887,100 1,887,100 1,887,100 1,887,100 1,887,100 1,887,100
Self-Amortizing Facilities 17,324,100 16,937,100 16,937,100 16,937,100 16,937,100 16,937,100
Stewardship 2000 350,000,000 404,000,000 350,000,000 600,000,000 460,000,000 460,000,000
Transportation
Rail acquisition 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000
Harbor improvements 3,000,000 3,000,000 7,000,000 3,000,000 7,000,000 7,000,000
University of Wisconsin System
Academic Facilities 20,166,100 68,499,600 68,499,600 68,478,300 65,699,600 65,699,600
Self-Amortizing Facilities 75,692,800 75,692,800 72,692,800 75,692,800 75,692,800 75,692,800
Veterans Affairs
Self-Amortizing Facilities 13,909,100 13,909,100 13,909,100 13,909,100 13,909,100 13,909,100
Mortgage Loans Self Amortizing 110,500,000 213,000,000 213,000,000 213,000,000 213,000,000 213,000,000
Total General Obligation $1,064,109,900 $1,257,589,000 $1,205,589,000 $1,715,824,500 $1,364,089,300 $1,324,877,300
*As recommended by the Building Commission, actual authority over the authorized funding for educational communications facilities would be contingent on the governance of the state's public broadcasting assets.
2. 1999-01 REVENUE OBLIGATION AUTHORIZATIONS
Governor: Provide revenue obligation authority of $629,666,000 for the purposes shown in the following table.
Joint Finance: Delete revenue obligation authority of $174,400,000, so that $455,166,000 would be provided for the purposes shown in the following table.
Assembly: Delete revenue obligation authority of $3,000,000 from Joint Finance levels so that $452,166,000 would be provided for the purposes shown in the following table.
Senate: Provide revenue obligation authority of $216,317,500, over Joint Finance levels so that $671,483,500 would be provided for the purposes shown in the following table.
Conference Committee/Legislature: Provide revenue obligation authority of $34,119,600 over Joint Finance levels so that $489,285,600 would be provided for the purposes shown in the following table.
Veto by Governor [B-43]: Decrease revenue obligation authority by $27,700,000 from the levels provided by the Legislature so that $461,585,600 would be provided for the purposes shown in the following table. (A summary of this veto is provided in the individual agency summary.)
Revenue Obligations
Conference
Agency Governor Jt. Finance Assembly Senate Committee Act 9
Commerce
PECFA $450,000,000 $270,000,000 $270,000,000 $450,000,000 $270,000,000 $270,000,000
Clean Water Fund
Safe Drinking Water loan program
revenue obligation funding 0 0 0 27,700,000 27,700,000 0
Transportation*
Major highway projects 179,666,000 185,166,000 182,166,000 193,783,500 191,585,600 191,585,600
Total Revenue Obligations $629,666,000 $455,166,000 $452,166,000 $671,483,500 $489,285,600 $461,585,600
*Does not include authority to cover financing costs associated with revenue obligation issues as under current law. The Building Commission would be authorized to issue transportation revenue obligations in an amount necessary to fund the financing costs associated with the obligations.
Update summary schedules relating to bonding and debt service that appear for informational purposes.
[Act 9 Section: 171] [Bill Section: 171]
BUDGET AND COMPENSATION RESERVES
Budget Change Items
1. REQUIRED GENERAL FUND STATUTORY BALANCE [LFB Paper 240]
Governor: Modify the requirement that the state maintain a statutory reserve equal to 1% of gross general fund appropriations plus compensation reserves in each fiscal year of a biennium to increase that percentage amount, beginning in 2000-01, as follows to the following percentages:
Fiscal Year Percent
2000-01 1.1%
2001-02 1.2
2002-03 1.4
2003-04 1.6
2004-05 1.8
2005-06 (and thereafter) 2.0
Assembly: Delete the Governor and Joint Finance provision which would have increased the general fund statutory balance from the current 1% of gross general fund appropriations plus compensation reserves in each fiscal year of a biennium, beginning in 2000-01, to a maximum of 2.0% in fiscal year 2005-06 .
Senate/Legislature: Delete the Governor and Joint Finance provision which would have increased the general fund statutory balance from the current 1% of gross general fund appropriations plus compensation reserves in each fiscal year of a biennium, beginning in 2000-01, to a maximum of 2.0% in fiscal year 2005-06. Instead, provide that the general fund statutory balance requirement would increase from the current 1% reserve requirement according to the following schedule:
Fiscal Year Percent
2001-02 1.2%
2002-03 1.4
2003-04 1.6
2004-05 1.8
2005-06 (and thereafter) 2.0
2. COMPENSATION RESERVES
Veto by Governor [F-12]: Modify the schedule as passed by the Legislature to increase the statutory balance requirement for 2000-01 (the second year of the 1999-01 biennium) to 1.2%. However, also as a result of the partial veto, no statutory reserve percentage would be specified for the first fiscal year of the next biennium (2001-02). Under the bill as passed by the Legislature, the dollar amount of the 1% statutory reserve requirement for fiscal year 2000-01 was $112,784,100. Had the 1.2% statutory balance applied to the bill as passed by the Legislature, the dollar amount of the statutory reserve for 2000-01 would have been $135,340,900. However, as a result of partial vetoes, the required statutory balance for 2000-01 under Act 9 is $134,118,900.
[Act 9 Sections: 168 and 169]
[Act 9 Vetoed Section: 169]
[Bill Sections: 168 and 169]
Governor: Provide, in the 1999-01 general fund condition statement, total compensation reserves of $ 98,327,700 in 1999-01 and $211,259,800 for the increased costs of state employe salaries and fringe benefits. Total compensation reserve amounts by fund source are shown in the table below.
Fund Source 1999-00 2000-01
General Purpose Revenue $44,100,000 $94,750,000
Federal Revenue 12,536,800 26,935,600
