It is with pleasure that I submit the 2003-2005 Biennial Report for the Department of Regulation and Licensing (DRL).
The Department's achievements and successes of the past two years reflect the dedicated effort of a conscientious workforce, committed to providing an efficient and effective regulatory program that provides safety and protection for the public and quality service for the professionals we regulate. In the 2005-2007 biennium, the Department will strive to generate even greater efficiencies and further improve the way we do business.
The over 300,000 professionals regulated by this agency contribute $9.8 billion annually to the Wisconsin economy. We acknowledge our considerable responsibilities, and on behalf of Wisconsin's citizens, we are committed to serving them and continuing to support the state's economic growth.
I will be happy to respond to any questions or comments about the Department and its functions.
Sincerely,
Celia M. Jackson
Secretary
Referred to committee on Labor.
__________________
State of Wisconsin
Department of Administration
Madison
February 28, 2006
To the Honorable, the Legislature:
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 January 2006.
On January 1, 2006, the General Fund cash balance closed at a negative $118.9 million. The negative balance continued until January 13, 2006, when the balance closed at a positive $53.3 million. The General Fund cash balance reached its intramonth low of a negative $173.7 million on January 11, 2006. The negative balance was due to the difference in the timing of revenues and expenditures.
The General Fund shortfall was 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, and as a result, the funds requiring the use of the authority will effectively bear the interest cost.
Sincerely,
Stephen e. Bablitch
Secretary
Referred to committee on Ways and Means.
__________________
State of Wisconsin
Department of Administration
Madison
March 14, 2006
To the Honorable, the Legislature:
Included with this correspondence, I am submitting the report of the Department of Administration, Division of Gaming (Gaming), for the first quarter of fiscal year 2006 (July 1, 2005 through September 30, 2005) and the second quarter of fiscal year 2006 (October 1, 2005 through December 31, 2005). As required by s.
562.02 (1)(g), Wis. Stats., the attached materials contain pari-mutuel wagering and racing statistical information, as well as the revenues for the program areas of Racing, Charitable Gaming, Bingo and Indian Gaming.
If you have any questions or comments regarding this report, please do not hesitate to contact Rachel Meek at (608) 270-2535.
Sincerely,
Robert W. Sloey
Administrator
Referred to committee on State Affairs.
