__________________
Referral of Agency Reports
State of Wisconsin
Department of Health Services
Madison
July 17, 2008
To the Honorable, the Legislature:
I am pleased to submit to the Legislature the enclosed report as required by Wisconsin Statutes s.
153.05(2m)(b). This provision directs the Department of Health and Family Services to biennially review the performance of the Wisconsin Hospital Association (WHA), the entity under contract to produce the reports under s.
153.05(2m), and to report to the Legislature on the timeliness and quality of the reports produced by the Wisconsin Hospital Association Information Center (WHAIC).
Sincerely,
Karen E. Timberlake
Secretary
Referred to committee on Health and Health Care Reform.
__________________
State of Wisconsin
Department of Administration
Madison
July 25, 2008
To the Honorable, the Legislature:
Act 141 requires each agency to submit an energy plan on even numbered years to DOA, Joint Committee on Finance and the standing committee of each house of the legislature having jurisdiction over energy. I have sent the report to DOA and ask that you distribute the enclosed reports to your appropriate committees and the Joint Committee on Finance.
The cover letter, instructions and report are enclosed.
Sincerely,
Gil Funk, Director
DOA State Facilities
Referred to committee on Energy and Utilities.
__________________
State of Wisconsin
Department of Administration
Madison
July 31, 2008
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 June 2008.
On June 16, 2008, the General Fund cash balance closed at a negative $576.4 million (its intra‐month low). This negative balance continued through June 30, 2008, when the fund's cash balance closed at a positive $24.8 million. The negative balance was due to the difference in the timing of revenues and expenditures.
On June 1, 2008, the Injured Patients and Families Compensation Fund cash balance closed at a negative $20.8 million. This negative balance continued through June 30, 2008, when the fund's cash balance closed at a negative $35.3 million. The Injured Patients and Families Compensation Fund cash balance reached its intra‐month low of a negative $37.0 million on June 6, 2008. The negative balance was due to the transfer of $71.5 million to the General Fund per
2007 Wisconsin Act 20, and the pending liquidation of fund securities necessary to offset this shortfall.
On June 1, 2008, the Medical Assistance Trust Fund cash balance closed at a negative $59.5 million (its intra‐month low). This negative balance continued through June 30, 2008, when the fund's cash balance closed at a negative $32.3 million. The negative balance was due to the difference in the timing of revenues and expenditures, including a pending transfer from the Permanent Endowment Fund as required under
2007 Wisconsin Act 226.
On June 1, 2008, the Utility Public Benefits Fund cash balance closed at a negative $2.7 million (its intra‐month low). This negative balance continued through June 3, 2008, when the fund's cash balance closed at a positive $2.2 million. The negative balance was due to the difference in the timing of revenues and expenditures.
The General Fund, Injured Patients and Families Compensation Fund, Medical Assistance Trust Fund, and Utility Public Benefits 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,
Michael L. Morgan
Secretary
Referred to committee on Ways and Means.
