THURsday, July 13, 2006
Ninety-Seventh Regular Session
The Chief Clerk makes the following entries under the above date:
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The committee on Insurance reports and recommends:
Relating to agent licensing procedure changes which will affect small business.
Objection:
Ayes: 13 - Representatives Nischke, Wieckert, Underheim, Montgomery, McCormick, Gielow, Van Roy, Ballweg, Moulton, Lehman, Berceau, Nelson and Sheridan.
Noes: 1
-
Representative Staskunas.
To joint committee for review of Administrative Rules
.
Ann Nischke
Chairperson
Committee on Insurance
__________________
The following Assembly proposals, which have been approved by both the Assembly and Senate, have been enrolled by the Legislative Reference Bureau:
Assembly Bill
1227
Assembly Bill
1228
Assembly Bill
1229
Assembly Bill
1230
Patrick E. Fuller
Assembly Chief Clerk
__________________
Chief Clerk Reports
The Chief Clerk records:
Assembly Bill 1227
Assembly Bill 1228
Assembly Bill 1229
Assembly Bill 1230
Presented to the Governor on Thursday, July 13.
Patrick E. Fuller
Assembly Chief Clerk
__________________
Agency Reports
State of Wisconsin
Legislative Audit Bureau
Madison
July 13, 2006
To the Honorable, the Assembly:
As required by s.
13.94(1)(em), Wis. Stats., we have completed our annual financial audit of the Wisconsin Lottery, which is administered by the Department of Revenue. We have issued an unqualified opinion on the Wisconsin Lottery's fiscal year (FY) 2003-04 and FY 2004-05 financial statements. We also found that the Wisconsin Lottery was in compliance with statutory spending limitations related to prizes, informational advertising, retailer compensation, and administrative expenses.
Lottery sales steadily increased from FY 2000-01 to FY 2003-04, then decreased by $31.0 million, or 6.4 percent, in FY 2004-05. However, according to unaudited information, FY 2005-06 sales increased to $508.9 million. Lottery staff attribute these changes to large Powerball jackpots, which have a significant effect on ticket sales. Total operating expenses decreased by $20.6 million in FY 2004-05, primarily because lottery prizes and retailer commissions and incentives decreased with sales. In FY 2004-05, lottery proceeds of $143.4 million were distributed to provide property tax relief.
We appreciate the courtesy and cooperation extended to us by Wisconsin Lottery staff in the Department of Revenue.
Respectfully submitted,
Janice Mueller
State Auditor
