Director
State of Wisconsin
Department of Administration
March 11, 1999
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 February, 1999.
On February 1, 1999 the Common School Income Fund balance was -$912 thousand. This shortfall continues until February 11, 1999 when the balance reached $116 thousand. This shortfall was due to the timing of revenues.
On February 9, 1999 the Wisconsin Petroleum Inspection Fund balance was -$4.75 million. This shortfall continued until February 22, 1999 when the balance reached $4.51 million. this shortfall was due to the timing of revenues.
The Common School Income Fund and Wisconsin Petroleum Inspection Fund shortfalls were not in excess of the statutory interfund borrowing limitation 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,
Mark D. Bugher
Secretary
Referred to the joint committee on Finance.
State of Wisconsin
Environmental Improvement Fund
March 12, 1999
The Honorable, The Senate:
The attached information regarding the Wisconsin Environmental Improvement Fund Biennial finance Plan is submitted in accordance with subsection 281.59 (3)(bm) of the Wisconsin statutes. That subsection requires the Department of Natural Resources and the Department of Administration to submit to the legislature and the Building Commission any amendments to the Biennial Finance Plan which are necessary to reflect material approved by the Governor for inclusion in the biennial budget.
After the biennial budget bill is enacted a revised version of the Biennial Finance Plan will be distributed with changes that reflect actions taken in the budget.
If you have any questions regarding the biennial Finance Plan, please contact Kathryn A. Curtner at 266-0860 or Frank Hoadley at 266-2305.
Sincerely,
Kathryn A. Curtner, Director
Bureau of Community Financial Assistance
Department of Natural Resources
Frank R. Hoadley
Capital Finance Director
Department of Administration
__________________
S100
Senator Robson, with unanimous consent, asked that the Senate recess until 11:58 A.M.
10:40 A.M.
__________________
11:58 A.M.
The Senate reconvened.
Senator Risser in the chair.
Senator Darling, with unanimous consent, asked to be withdrawn as a coauthor of Senate Bill
10.
__________________
Senator Chvala, with unanimous consent asked that the appointment be taken up en masse with the exception of Jose A. Olivieri, Richard "Moose" Speros and Cate Zeuske.
Carlson, D. Bruce,
of Rhinelander, as a member of the Examining Board of Architects, Landscape Architects, Professional Geologists, Professional Engineers, Designers and Land Surveyors, to serve for the term ending July 1, 2003.
Read.
Carroll, David T.,
of Schofield, as a member of the Dentistry Examining Board, to serve for the term ending December 31, 2002.
Read.
Condos
, Spyro,
of Lake Geneva, as a member of the Judicial Commission, to serve for the term ending August 1, 2001.
Read.
Flaherty, Barbara M.,
of DeForest, as a member of the Barbering and Cosmetology Examining Board, to serve for the term ending July 1, 2003.
Read.
Hamilton, Sharon J.,
of Racine, as a member of the Accounting Examining Board, to serve for the term ending July 1, 2003.
Read.
Hinsman, Richard E.,
of Racine, as a member of the Real Estate Board, to serve for the term ending July 1, 2003.
Read.
Kasik-Miller, Susan A.,
of Eau Claire, as a member of the Dietitians Affiliated Credentialing Board, to serve for the term ending July 1, 2003.
Read.
McMahon, Maura,
of Wauwatosa, as a member of the Public Defender Board, to serve for the term ending May 1, 2000.
Read.
Milner
, John E.,
of Oconomowoc, as a member of the Credit Union Review Board, to serve for the term ending May 1, 2004.
Read.
Nelson
, Jerome M.,
of Windsor, as a member of the Real Estate Board, to serve for the term ending July 1, 2001.
Read.
Norem
, Lorraine A.,
of Elkhorn, as a member of the Barbering and Cosmetology Examining Board, to serve for the term ending July 1, 2002.
Read.
Pfeffer, Roy T.,
of Manitowoc, as a member of the Funeral Directors Examining Board, to serve for the term ending July 1, 2003.
Read.
Sarazen, Dr. Jeff M.,
of Wausau, as a member of the Optomerty Examining Board, to serve for the term ending July 1, 2001.
Read.
Sathoff, Karen E.,
of Green Bay, as a member of the Examining Board of Architects, Landscape Architects, Professional Geologists, Professional Engineers, Designers and Land Surveyors, to serve for the term ending July 1, 2002.
Read.
Shain
, Mark E.,
of Greenwood, as a member of the Auctioneer Board, to serve for the term ending May 1, 2003.
Read.
Skic-Loy, Marie M.,
of Merrill, as a member of the Auctioneer Board, to serve for the term ending May 1, 2003.
Read.
Strand
, Dr. Richard J.,
of La Crosse, as a member of the Dentistry Examining Board, to serve for the term ending July 1, 2003.
Read.
Wanzo
, Barbara J.,
of Brown Deer, as a member of the Savings and Loan Review Board, to serve for the interim term ending July 1, 1999.
Read.
Wanzo
, Barbara J.,
of Brown Deer, as a member of the Savings and Loan Review Board, to serve for the term ending May 1, 2003.
Read.
The question was: Confirmation?
The ayes and noes were required and the vote was: ayes, 33; noes, 0; absent or not voting, 0; as follows:
Ayes - Senators Baumgart, Breske, Burke, Chvala, Clausing, Cowles, Darling, Decker, Drzewiecki, Ellis, Erpenbach, Farrow, Fitzgerald, George, Grobschmidt, Huelsman, Jauch, A. Lasee, Lazich, Moen, Moore, Panzer, Plache, Risser, Robson, Roessler, Rosenzweig, Rude, Schultz, Shibilski, Welch, Wirch and Zien - 33.
Noes - None.
Absent or not voting - None.
Confirmed.
Olivieri, Jose A.,
of Milwaukee, as a member of the Board of Regents of the University of Wisconsin System, to serve for the term ending May 1, 2005.
Read.
The question was: Confirmation?
The ayes and noes were required and the vote was: ayes, 33; noes, 0; absent or not voting, 0; as follows:
Ayes - Senators Baumgart, Breske, Burke, Chvala, Clausing, Cowles, Darling, Decker, Drzewiecki, Ellis, Erpenbach, Farrow, Fitzgerald, George, Grobschmidt, Huelsman, Jauch, A. Lasee, Lazich, Moen, Moore, Panzer, Plache, Risser, Robson, Roessler, Rosenzweig, Rude, Schultz, Shibilski, Welch, Wirch and Zien - 33.
