Monday, July 1, 2002
Ninety-Fifth Regular Session
The Chief Clerk makes the following entries under the above date:
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Relating to the college savings program.
Submitted by State Treasurer
.
Report received from Agency, June 19, 2002.
To committee on Colleges and Universities
.
Referred on June 27, 2002
.
Relating to mine safety fees.
Submitted by Department of Commerce.
Report received from Agency, June 26, 2002.
To committee on Labor and Workforce Development
.
Referred on July 1, 2002
.
Relating to the annuity dividend effective date and the proration of annuity dividends.
Submitted by Department of Employee Trust Funds.
Report received from Agency, June 21, 2002.
To committee on Government Operations
.
Referred on July 1, 2002
.
Relating to allowing the operation of double bottoms and certain other vehicles on certain specified highways.
Submitted by Department of Transportation.
Report received from Agency, June 19, 2002.
To committee on Transportation.
Referred on June 27, 2002
.
Relating to the procedure for challenging the ballot of an elector at a polling place.
Submitted by Elections Board
.
Report received from Agency, June 24, 2002.
To committee on Campaigns and Elections
.
Referred on July 1, 2002
.
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Communications
State of Wisconsin
Revisor of Statutes Bureau
Madison
DATE: July 1, 2002
TO: Patrick E. Fuller
Assembly Assistant Chief Clerk
Donald J. Schneider
Senate Chief Clerk
FROM: Gary L. Poulson
Deputy Revisor of Statutes
SUBJECT: Rules published in the June 30, 2002,
Wisconsin Administrative
Register, No. 558.
The following rules have been published:
__________________
Referral of Agency Reports
State of Wisconsin
Department of Administration
Madison
June 19, 2002
To the Honorable, the Legislature:
A882
This report is transmitted as required by s.
20.002(11)(f), Wisconsin Statutes (for distribution to the appropriate standing committees under s.
13.172(3), Wisconsin Statutes), 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 2002.
On May 8, 2002 the General Fund balance was -$4.7 million. This shortfall continued until May 9, 2002 when the balance reached a positive $66.5 million. The shortfall was due to the difference in the timing of revenues and expenditures, in combination with the overall budget shortfall.
On May 23, 2002 the Wisconsin Health Education Loan Repayment Fund balance was -$1 thousand. This shortfall continued through May 31, 2002. The shortfall was due to the difference in the timing of revenues and expenditures.
The General Fund and the Wisconsin 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.