Department of Administration
May 7, 1996
The Honorable, The Senate:
This report is transmitted as required by sec. 20.002(11)(f) of the Wisconsin Statutes, (for distribution to the appropriate standing committee 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 April, 1996.
On April 1, 1996 the Wisconsin Lottery Fund balance was -$9.6 million. This shortfall continued until April 25, 1996 when the balance reached $1.3 million. On April 29, 1996 the Wisconsin Lottery Fund balance was -$1.8 million. This shortfall continued through the end of the month. These shortfalls were due to the timing of revenues.
On April 30, 1996 the Wisconsin Health Education Loan Repayment Fund balance was -$3 thousand. This shortfall continued until April 30, 1996 when the balance reached $15 thousand. The shortfall was due to the timing of revenues.
The Wisconsin Lottery Fund and Health Education Loan Repayment 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 the State Controller's Office 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
Office of the Governor
May 6, 1996
To the Honorable, the Senate:
This is to inform you that I am withdrawing the nomination of Mr. Ron Miller for appointment to the Fox River Management Commission.
Sincerely,
TOMMY G. THOMPSON
Governor
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Relating to the administration of labor-inducing agents in hospitals.
Submitted by Department of Health and Social Services.
Report received from Agency, May 13, 1996.
Referred to committee on Health, Human Services and Aging, May 14, 1996
.
Relating to establishing a procedure for a mutual savings and loan association with deposits not insured by a deposit insurance corporation to reorganize into another type of mutual depository institution (including a state credit union) with insured deposit accounts.
Submitted by Office of the Commissioner of Savings and Loan.
Report received from Agency, May 13, 1996.
Referred to committee on Education and Financial Institutions, May 14, 1996
.
Relating to temporary construction facility hazardous chemical inventory reporting.
Submitted by State Emergency Response Board.
Report received from Agency, May 10, 1996.
Referred to committee on State Government Operations and Corrections, May 14, 1996
.
Relating to the establishment of fees for burial at state veterans cemeteries.
Submitted by Department of Veterans Affairs.
Report received from Agency, May 9, 1996.
Referred to committee on Human Resources, Labor, Tourism, Veterans and Military Affairs, May 14, 1996
.
Relating to designating the Chicago stock exchange under s.
551.22 (7), Stats.
Submitted by Office of the Commissioner of Securities.
Report received from Agency, May 13, 1996.
Referred to committee on Education and Financial Institutions, May 14, 1996
.
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The joint committee on Information Policy reports and recommends:
Relating to telecommunications services and cable television services.
Review period waived, Ayes 9, Noes 0.
Ayes, 9 - Senators Panzer, Weeden, Jauch, C. Potter, Nass, Jensen, Brancel, Schneider and Hanson.
Noes, 0 - None.
Relating to contract administration fees and subscription service.
Modifications requested, Ayes 9, Noes 0.
Ayes, 9 - Senators Panzer, Weeden, Jauch, C. Potter, Nass, Jensen, Brancel, Schneider and Hanson.
Noes, 0 - None.
Mary Panzer
Senate Chairperson
The committee on Insurance reports and recommends:
Relating to administrative procedures for contested cases under the jurisdiction of the office of the commissioner of insurance and attached boards.
No action taken.
Relating to credit life and credit accident and sickness insurance rates and limitations.
No action taken.
Relating to the fees for listing insurance agents and renewal of corporation licenses and other licensing procedures.
No action taken.
Dale Schultz
Chairperson
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By Charles Sanders, chief clerk.
Mr. President:
I am directed to inform you that the Assembly has passed and asks concurrence in:
Assembly Bill 1089
Assembly Bill 1099
Adopted and asks concurrence in:
Assembly Joint Resolution 96
Assembly Joint Resolution 100
Assembly Joint Resolution 101
Concurred in:
Senate Bill 177
Senate Bill 278
