DATE: September 1, 2005
TO: Patrick E. Fuller
Assembly Chief Clerk
Robert Marchant
Senate Chief Clerk
FROM: Gary L. Poulson
Assistant Revisor of Statutes
SUBJECT: Rules published in the August 31, 2005
Wisconsin Administrative
Register, No. 596.
The following rules have been published:
__________________
September 2, 2005
Assembly Chief Clerk Patrick Fuller
17 West Main Street Room 208
Madison, WI 53703
Dear Patrick:
I ask that you add my name to Assembly Bill 648 (LRB 3492) as a co-sponsor of the bill. Thank you for your assistance in this matter.
Sincerely,
Mary Lazich
State Senator
Senate District 28
__________________
September 2, 2005
Patrick E. Fuller
Assembly Chief Clerk
17 W . Main St. Room 208
Madison, WI 53708
Dear Chief Clerk Fuller:
I would like to request that my name be added as a co-sponsor to Assembly Bill 636.
Thank you for your assistance. Please contact me if you have any questions.
Sincerely,
Ron brown
State Senator
31st District
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Reference Bureau Corrections
Assembly Bill 440
1. Page 3, line 23: delete "and or" and substitute "and".
Assembly Bill 566
1. Page 3, line 20: delete "Engeneers" and substitute "Engineers".
2. Page 3, line 24: delete "Engeneers" and substitute "Engineers".
__________________
Agency Reports
State of Wisconsin
Department of Administration
Madison
August 15, 2005
To the Honorable, the Legislature:
A449
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 cash balances during the month of July 2005.
On July 1, 2005, the General Fund cash balance closed at a negative $262.7 million. The fund's negative cash balance continued intermittently through July 31, 2005, when the fund's cash balance closed at a negative $417.1 million. The General Fund cash balance reached its intramonth low of a negative $522.6 million on July 25, 2005. The negative balance was due to the difference in the timing of revenues and expenditures.
On July 6, 2005, the Medical Assistance Trust Fund cash balance closed at a negative $5.1 million. The fund's negative cash balance continued through July 31, 2005, when the fund's cash balance closed at a negative $2.6 million. The Medical Assistance Trust Fund cash balance closed at its intramonth low of a negative $5.3 million on July 7, 2005. The negative balance was due to the difference in the timing of revenues and expenditures.
On July 27, 2005, the Wisconsin Health Education Loan Repayment Fund cash balance closed at its intramonth low of a negative $3 thousand. This negative balance continued until July 28, 2005, when the fund's cash balance closed at a positive $22 thousand. The negative balance was due to the difference in the timing of revenues and expenditures.
The General Fund, the Medical Assistance Trust Fund, and the Wisconsin Health Education Loan Repayment Fund shortfalls were not in excess of the statutory interfund borrowing limitations 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, and as a result, the funds requiring the use of the authority will effectively bear the interest cost.
Sincerely,
Marc j Marotta
Secretary
