__________________
State of Wisconsin
Department of Administration
May 27, 2010
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 April 2010.
On April 1, 2010, the Utility Public Benefits Fund cash balance closed at a negative $8.2 million. This negative balance continued through April 30, 2010, when the fund's cash balance closed at a negative $10.1 million (its intra-month low). The negative balance was due to the difference in the timing of revenues and expenditures.
On April 1, 2010, the Permanent Endowment Fund cash balance closed at a negative $2.0 million (its intra-month low). This negative balance continued through April 16, 2010, when the fund's cash balance closed at a positive $127.7 million. The negative balance was due to the difference in the timing of revenues and expenditures.
On April 1, 2010, the Medical Assistance Trust Fund cash balance closed at a negative $312.8 million (its intra-month low). This negative balance continued through April 30, 2010, when the fund's cash balance closed at a negative $307.0 million. The negative balance was due to the difference in the timing of revenues and expenditures.
On April 1, 2010, the Police and Fire Protection Fund cash balance closed at a negative $18.7 million (its intra-month low). This negative balance continued through April 30, 2010, when the fund's cash balance closed at a negative $14.6 million. The negative balance was due to the difference in the timing of revenues and expenditures.
The Utility Public Benefits Fund, Permanent Endowment Fund, Medical Assistance Trust Fund, and Police and Fire Protection 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.
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Legislative Audit Bureau
May 27, 2010
The Honorable, The Legislature:
We have completed a review of efforts by the State and by local governments to prepare for and minimize the effects of emergencies such as natural disasters and hostile action. From fiscal year (FY) 2004-05 through FY 2008-09, the federal Department of Homeland Security awarded Wisconsin a total of $318.5 million in federal grants for this purpose, including $241.0 million for emergency management activities and $77.5 million after presidentially declared disasters. Wisconsin Emergency Management (WEM) in the Department of Military Affairs is the lead state agency in planning for emergencies, while the Office of Justice Assistance (OJA) distributes most federal funds.
The FY 2008-09 emergency management grant funds we reviewed were spent in accordance with broad federal requirements, but some priorities remain unmet. Most notably, Wisconsin does not yet have a statewide communications system connecting all emergency responders. The basic infrastructure is expected to be operational in 2011, but unresolved issues - including costs to local governments for purchasing the communications equipment needed to gain access to the system and the funding sources that will be available to help them fund those costs - will continue to pose challenges to the system's development.
State and local government responses to two recent and significant natural disasters indicate that additional efforts are needed to improve emergency preparedness. We provide several recommendations, including that WEM improve and formalize its process for reviewing responses to emergencies and using the results to improve preparedness statewide.
We appreciate the courtesy and cooperation extended to us by WEM, OJA, and local emergency responders. Responses from the Department of Military Affairs and OJA follow the appendices.
Respectfully Submitted,
janice mueller
State Auditor
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Relating to the definition of volatile organic compounds.
Submitted by Department of Natural Resources.
Report received from Agency, June 1, 2010.
Referred to committee on Environment,
June 1, 2010
.
