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Referral of Agency Reports
State of Wisconsin
Department of Administration
Madison
June 15, 1995
To the Honorable, the Legislature:
This report is transmitted as required by sec. 20.002(11)(f) of the Wisconsin Statutes, (for distribution to the appropriate standing committees under sec. 13.172(3) Stats.), 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 balances during the month of May, 1995.
On May 15, 1995 the Wisconsin Health Education Fund balance was -$2 thousand. This shortfall continued through May 31, 1995. The shortfall is due to the timing of revenues.
On May 1, 1995 the Health Insurances Risk Fund balance was -$4 thousand. This shortfall continued through May 31, 1995. The shortfall is due to the timing of revenues.
On May 1, 1995 the University Trust Income Fund balance was -$181 thousand. This shortfall continued through May 13, 1995. The shortfall is due to the delayed transfer to the fund.
The Wisconsin Health Education Fund, Health Insurance Risk Fund, and University Trust Income Fund shortfalls were not in excess of the $400 million ceiling 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 State Finance will automatically reflect the use of these temporary reallocations of balance authority.
Sincerely,
James R. Klauser
Secretary
Referred to Joint Committee on Finance.
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State of Wisconsin
Department of Administration
Madison
June 21, 1995
To the Honorable, the Legislature:
Chapter 34, Laws of 1979, requires that when the Department of Administration maintains an office in Washington, D.C., for the purpose of promoting federal-state cooperation, it should submit a report detailing the activities of the office and reporting the status of federal legislation of concern to the Legislature and other state agencies (Wis. Stats. 16.548(2) ).
The report for the period January 1, 1995, through March 30, 1995 is attached.
Sincerely,
james R. klauser
Secretary
Referred to Special Committee on State-Federal Relations.
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State of Wisconsin
Health and Social Services
Madison
June 29, 1995
To the Honorable, the Legislature:
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The following summarizes the result of audit adjustments made during 1994 for County Social Service Departments and County Departments of Community Programs. This annual report is mandated and issued pursuant to Wisconsin Statutes Section
49.52(2)(b) to the Chief CLerk of each house by June 30 of each year.
Payments to 2 Counties ($6,627.00)
Recoveries From 13 Counties 101,613.00
NET RECOVERIES: $94,986.00
Sincerely,
richard lorang
Acting Secretary
Referred to committee on Children and Families.
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State of Wisconsin
Housing and Economic Development Authority
Madison
June 30, 1995
To the Honorable, the Assembly:
Pursuant to Section
234.93(5) of the Wisconsin Statutes, I am providing you with a copy of the annual report due on or before November 1 on the guarantee activity within the Wisconsin Development Reserve Fund ( the "Fund").
Sincerely,
richard j. longabaugh
Executive Director
Referred to committee on Small Business and Economic Development.
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State of Wisconsin
Department of Health and Social Services
Madison
June 30, 1995
To the Honorable, the Assembly:
1993 Wisconsin Act 16 (s.146.57) provided funds to establish a statewide poison control system for the purpose of providing quality poison prevention and intervention services that are accessible to all Wisconsin residents. The poison control system is required to provide poison control services 24 hours a day, and must maintain telephone services capable of providing rapid, accurate, complete and accessible poison information throughout the state.
Act 16 also directed the Department of Health and Social Services to evaluate the statewide poison control system and submit a report containing its findings and recommendations to the appropriate standing committees and to the Governor by July 1, 1995. The attached report fulfills that directive.
Sincerely,
richard w. lorang
Acting Secretary
Referred to the committee on Health.
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Agency Reports
State of Wisconsin
Department of Administration
Madison
June 14, 1995
To the Honorable the Assembly:
I am pleased to provide you with a copy of the State of Wisconsin's Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 1994. This report contains the "general purpose" or combined financial statements, and the combining financial statements for each fund type. As such, it represents a summary of all State transactions during the fiscal year.
The CAFR represents Wisconsin's commitment in providing high standards of financial management and reporting, and fiscal accountability of its resources based on nationally recognized standards. This report should provide you and other reader groups the information necessary to assess the State's financial position and results of operations. I hope you find the report informative and beneficial.
If you have specific questions regarding its contents or comments on its usefulness, please contact me at (608) 266-3628.
Sincerely,
William J. Raffery, cpa
State Controller
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State of Wisconsin
Legislative Audit Bureau
Madison
June 26, 1995
To the Honorable, the Assembly:
We have completed a financial audit of the Wisconsin Gaming Commission for Fiscal Year 1993-94 to meet our audit requirements under s.
13.94(1)(em), Wis. Stats. We audited two sets of Gaming Commission financial statements: one set reflects the activities of the Wisconsin Lottery; the other reflects the activities of the Racing, Indian Gaming, and Charitable Gaming programs. Our audit report contains the auditor's opinions on the two sets of financial statements and related footnotes.
Our audit report includes no major findings, conclusions, or recommendations and, in our judgment, is not likely to be of interest to most members of the legislature.
Copies of the audit report have been distributed to members of the Joint Legislative Audit Committee and those required by law to receive copies. If you are interested in receiving a copy of this report, please contact our office and request report number 95-14.
Sincerely,
Dale Cattanach
State Auditor
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State of Wisconsin
Investment Board
Madison
June 30, 1995
To the Honorable the Assembly:
This report from the State of Wisconsin Investment Board (SWIB) describes our plan to invest between $1.1 and $2.4 billion in Wisconsin over the next five years.
In
1985 Wisconsin Act 53, the Governor and Legislature encouraged SWIB to make investments in Wisconsin, consistent with the purpose of the funds which we manage. The law provides that each biennium SWIB is to submit a five-year plan for investment in the state. The plan reflects advice from the Department of Development (DOD) as to the types of investments which are likely to have the greatest impact on the state's economic development.
For the two years which ended June 30, 1994, new investments in Wisconsin totalled $1.3 billion. This level significantly exceeded our goal of $470 million to $950 million for that period. Several special programs contributed to our investments in state. Under the Wisconsin Bank Program, we purchase certificates of deposit issued by qualified banks and thrifts. Our private placements program makes direct loans at market rates to creditworthy Wisconsin businesses. We are a shareholder in a number of Wisconsin companies and participated in the initial public offerings of stock of several firms during the last two years.
These investments include companies which are headquartered in Wisconsin as well as businesses which have a significant portion of their operations in this state. We will continue to foster investment in Wisconsin through cooperation with the DOD, close ties with Wisconsin financial institutions and by participation in various directories of financing resources.
We particularly appreciate the recommendations from DOD regarding future investment opportunities. Their suggestions will be helpful in achieving our goals for the next several years.
I hope you find this report informative. If you have questions about the information which is provided please feel free to contact me at 266-9451.
Sincerely,
Patricia Lipton
