Tuesday, May 1, 2007
Ninety-Eighth Regular Session
The Chief Clerk makes the following entries under the above date.
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Senate substitute amendment 1 to Senate Bill 69 was offered by Senator Sullivan.
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The Chief Clerk records:
Senate Joint Resolution 30
Report correctly enrolled on May
1, 2007.
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The committee on Environment and Natural Resources reports and recommends:
Hassett, Scott,
of Madison, as Secretary of the Department of Natural Resources, to serve for the term ending at the pleasure of the Governor.
Confirmation.
Ayes, 5 - Senators
Miller, Jauch, Wirch, Kedzie and Schultz.
Noes, 0 - None.
Senate Bill 161
Relating to: naming the state trail system.
Passage.
Ayes, 5 - Senators
Miller, Jauch, Wirch, Kedzie and Schultz.
Noes, 0 - None.
Mark Miller
Chairperson
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State of Wisconsin
Department of Administration
April 30, 2007
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 March 2007.
On March 30, 2007, the General Fund cash balance closed at a negative $37.3 million. The negative balance was due to the difference in the timing of revenues and expenditures.
On March 1, 2007, the Conservation Fund cash balance closed at a negative $4.3 million. This negative balance continued through March 15, 2007, when the fund's cash balance closed at a positive $19.2 million. The Conservation Fund cash balance reached its intra-month low of a negative $5.9 million on March 7, 2007. The negative balance was due to the difference in the timing of revenues and expenditures.
On March 1, 2007, the Wisconsin Health Education Loan Repayment Fund cash balance closed at a negative $2.0 thousand. This negative balance continued through March 30, 2007, when the fund's cash balance closed at a negative $2.0 thousand. The negative balance was due to the difference in the timing of revenues and expenditures.
The General Fund, Conservation Fund and 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,
Michael L. Morgan
Secretary
Referred to joint committee on Finance.
State of Wisconsin
Department of Administration
April 30, 2007
The Honorable, The Legislature:
In compliance with Wisconsin statute 16.548, please find the Wisconsin Office of Federal/State Relations quarterly report to be submitted to the Legislature for the first quarter of 2007. This report provides information on the activities of the office and the status of federal legislation of concern to the State of Wisconsin.
Please contact me if you have any questions about this material.
Sincerely,
Michael Morgan
Secretary
Office of Energy Independence
April 30, 2007
The Honorable, The Legislature:
As required by s.
16.045(5) Wis. Stats., I am submitting the annual
Wisconsin Biofuels and Alternative Fuel Use Report for distribution to the appropriate standing committees.
Should you or Legislative members have questions, please contact me at 608/261-6609.
