On March 23, 2009, the General Fund cash balance closed at a negative $337.1 million. This negative balance continued through March 31, 2009, when the fund's cash balance closed at a negative $495.3 million (its intra-month low). The negative balance was due to the difference in the timing of revenues and expenditures.
On March 1, 2009, the I
njured Patients and Families Compensation Fund cash balance closed at a negative $73.2 million. This negative balance continued through March 31, 2009, when the fund's cash balance closed at a negative $76.8 million. The Injured Patients and Families Compensation Fund cash balance reached its intra month low of a negative $77.0 million on March 27, 2009. The negative balance was due to the transfer of $200 million to the Medical Assistance Trust Fund per
2007 Wisconsin Act 20, and the pending liquidation of fund securities necessary to offset this shortfall.
On March 1, 2009, the Conservation Fund cash balance closed at a negative $18.8 million. This negative balance continued through March 16, 2009, when the fund's cash balance closed at a positive $14.5 million. The Conservation Fund cash balance reached its intra-month low of a negative $19.5 million on March 5, 2009. The negative balance was due to the difference in the timing of revenues and expenditures.
On March 19, 2009, the Utility Public Benefits Fund cash balance closed at a negative $150 thousand. This negative balance continued through March 31, 2009, when the fund's cash balance closed at a negative $2.1 million (its intra-month low). The negative balance was due to the difference in the timing of revenues and expenditures.
On March 23, 2009, the Lottery Fund cash balance closed at a negative $2.8 million. This negative balance continued through March 31, 2009, when the fund's cash balance closed at a negative $1.6 million. The Lottery Fund cash balance reached its intra-month low of a negative $4.0 million on March 26, 2009. The negative balance was due to the difference in the timing of revenues and expenditures.
The General Fund, Injured Patients and Families Compensation Fund, Conservation Fund, Utility Public Benefits Fund, and Lottery 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
Office of Energy Independence
May 1, 2009
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. I am pleased to provide the following highlights for 2007.
State of Wisconsin government highlights:
• In calendar year 2008, 95 percent of the contracted gasoline deliveries by the state of Wisconsin were a blend of 10 percent ethanol.
• Per Governor Doyle's Executive Order #141, the Office of Energy Independence began outreach on E85 fuel use in the state fleet, biodiesel outreach will follow this summer.
• State government and UW campuses used 56,378 gallons of E85, a 91 percent improvement from last year. This provides the benchmark for reduction of state-fleet petroleum-based gasoline consumption.
• 29.4 percent, or 1,922 vehicles, of the state fleet are E85 flexible-fuel vehicles.
Statewide statistics:
• Ethanol use in the State of Wisconsin increased by 24 percent in 2008, from 161 million gallons in 2007 to 214 million gallons in 2008.
• Ethanol production in the state increased by 87 percent from 238 million gallons in 2007 to 447 million gallons in 2008.
• E85 refueling facilities serving the public increased from 89 to 127 statewide.
• Statewide consumption of E85 increased by 6.25 percent, from 4.8 million in 2007 to 5.1 million gallons in 2008.
• The Office of Energy Independence looks forward to advancing the use of alternative fuels in the state. The Office of Energy Independence plans to address these goals in the upcoming year:
• Continued effort to meet Executive Order #141: reduce the use of petroleum-based gasoline in state-owned vehicles by 20 percent by 2010 and by 50 percent by 2015, and reduce the use of petroleum-based diesel fuel by those vehicles 10 percent by 2010 and 25 percent by 2015.
• Increase the number of E85 and biodiesel pumps in the state - a critical priority.
• Continued education for state employees that outlines the importance and benefits of using E85 and biodiesel, therefore, increasing the consumption of these fuels to meet our state's goals.
• Working with the Transportation Directors and Bureau of Procurement to purchase more E85 capable flexible fuel vehicles.
Sincerely,
David j. jenkins
Director of Commercialization and Market Development
Referred to committee on Rural Issues, Biofuels, and Information Technology.
Relating to modification of existing rules for control of nitrogen oxide (NOx) emitted by stationary sources in the ozone nonattainment area in southeastern Wisconsin and to issues for SIP approvability and miscellaneous implementation issues.
Submitted by Department of Natural Resources.
Report received from Agency, April 27, 2009.
Referred to committee on Commerce, Utilities, Energy, and Rail, May 4, 2009
.
Relating to temporary certificates for respiratory care practitioners who are certified in other jurisdictions.
Submitted by Department of Regulation and Licensing.
Report received from Agency, April 30, 2009.
Referred to committee on Health, Health Insurance, Privacy, Property Tax Relief, and Revenue,
May 4, 2009
.
Relating to the definition of the term "political purpose."
Submitted by Government Accountability Board.
Report received from Agency, April 30, 2009.
Referred to committee on Labor, Elections and Urban Affairs, May 4, 2009
.
Relating to licensing, prelicensing and continuing education for insurance agents and affecting small business.
Submitted by Insurance Commissioner.
Report received from Agency, May 1, 2009.
Referred to committee on Judiciary, Corrections, Insurance, Campaign Finance Reform, and Housing,
May 4, 2009.
__________________
Assembly Bill
68
Relating to: the distribution of the first dollar property tax credit.
By Representatives Dexter, Sherman, Barca, Berceau and Smith; cosponsored by Senators Vinehout, Jauch and Kreitlow.
Read first time and referred to committee on Health, Health Insurance, Privacy, Property Tax Relief, and Revenue.
Assembly Bill
95
Relating to: preparation time as a mandatory subject of collective bargaining.
By Representatives Sinicki, Mason, Toles, Pope-Roberts, Soletski, Hixson, Pocan, Bernard Schaber, Zigmunt, Berceau, Smith, Vruwink, Milroy, Benedict, Young, Turner and Zepnick; cosponsored by Senators Erpenbach, Lehman, Taylor, Wirch, Hansen, Vinehout, Coggs, Risser and Miller.
Read first time and referred to committee on Labor, Elections and Urban Affairs.
Assembly Bill
100
Relating to: preexisting condition exclusions, modifications at renewal, and establishing a standard application for individual health benefit plans and granting rule-making authority.
By Representatives Richards, Roys, Hraychuck, Seidel, Clark, Berceau and A. Williams; cosponsored by Senators Vinehout, Erpenbach, Robson, Lehman, Carpenter, Wirch, Taylor, Coggs, Hansen, Miller and Kreitlow.
Read first time and referred to committee on Health, Health Insurance, Privacy, Property Tax Relief, and Revenue.
Assembly Bill
122
Relating to: appellate time limits and procedure.
By Representatives Hebl, Staskunas, Turner and Townsend; cosponsored by Senators Taylor and Risser, by request of Wisconsin Judicial Council
.
Read first time and referred to committee on Judiciary, Corrections, Insurance, Campaign Finance Reform, and Housing.
Assembly Bill
123
Relating to: appellate procedure regarding commitments of persons found not guilty by reason of mental disease or defect and commitments of sexually violent persons.
By Representatives Hebl, Staskunas, Turner and Townsend; cosponsored by Senators Taylor and Risser, by request of Wisconsin Judicial Council
.
Read first time and referred to committee on Judiciary, Corrections, Insurance, Campaign Finance Reform, and Housing.
Assembly Bill
124
Relating to: appellate procedure.
By Representatives Hebl, Staskunas, Turner and Townsend; cosponsored by Senators Taylor and Risser, by request of Wisconsin Judicial Council
.
Read first time and referred to committee on Judiciary, Corrections, Insurance, Campaign Finance Reform, and Housing.
Assembly Bill
142
Relating to: requiring a license to engage in the practice of landscape architecture.
By Representatives Shilling, Lothian, Clark, Parisi, Davis, Vruwink, Berceau, Benedict, Montgomery, A. Ott, Townsend, Turner, Molepske Jr., Mursau and Spanbauer; cosponsored by Senators Risser, Taylor and Lehman.
Read first time and referred to committee on Labor, Elections and Urban Affairs.
Assembly Bill
172
