Miller, Mark
Ways and Means (8, 6) Wednesday (Even)
Lehman, Michael (Chair)
Wood, Jeffrey (Vice-chair)
Nass, Stephen
Hahn, Eugene
Lasee, Frank
Jeskewitz, Suzanne
Kerkman, Samantha
Lothian, Thomas
Wood, Wayne *
Colon, Pedro
Berceau, Terese
Ziegelbauer, Bob
Morris, Johnnie
Hebl, Tom
Workforce Development (7, 5) Wednesday (Odd)
Krawczyk, Judy (Chair)
Lothian, Thomas (Vice-chair)
Vrakas, Daniel
Kreibich, Robin
Olsen, Luther
Wood, Jeffrey
Gielow, Curt
Lehman, John *
Colon, Pedro
Coggs, Spencer
Plale, Jeffrey
Zepnick, Josh
A23
Joint Committee for Review of Administrative Rules (3, 2)
Grothman, Glenn (Co-chair)
Seratti, Lorraine (Vice-chair)
Gunderson, Scott
Black, Spencer *
Hebl, Tom
Joint Committee on Audit (3, 2)
Jeskewitz, Suzanne (Co-chair)
Kaufert, Dean (Vice-chair)
Kerkman, Samantha
Cullen, David *
Pocan, Mark
Joint Committee on Employment Relations (3, 1)
Gard, John (Co-chair)
Foti, Steven
Kaufert, Dean
Kreuser, James *
Joint Committee on Finance (6, 2)
Kaufert, Dean (Co-chair)
Huebsch, Michael (Vice-chair)
Ward, David
Rhoades, Kitty
Stone, Jeff
Meyer, Dan
Coggs, Spencer *
Schooff, Dan
Joint Committee on Legislative Organization (3, 2)
Gard, John (Co-chair)
Foti, Steven
Hundertmark, Jean
Kreuser, James *
Richards, Jon
Joint Survey Committee on Retirement Systems (2, 1)
Vrakas, Dan (Co-chair)
Jeskewitz, Suzanne (Vice-chair)
Hubler, Mary *
Joint Survey Committee on Tax Exemptions (2, 1)
Powers, Michael (Co-chair)
Hahn, Eugene (Vice-chair)
Hubler, Mary *
Joint Review Committee on Criminal Penalties (1, 1)
Albers, Sheryl (Co-chair)
Huber, Greg
__________________
Referral of Agency Reports
State of Wisconsin
Department of Administration
Madison
December 19, 2002
To 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 November 2002.
On November 22, 2002, the Wisconsin Health Education Loan Repayment Fund cash balance closed at a negative $1 thousand. The negative balance continued until November 27, 2002, when the balance closed at a positive $12 thousand. The Wisconsin Health Education Loan Repayment Fund cash balance reached a low of negative $2 thousand on November 25, 2002. The negative balance was due to the difference in the timing of revenues and expenditures.
The Wisconsin Health Education Loan Repayment Fund's negative cash balance was 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, and as a result, the funds requiring the use of the authority will effectively bear the interest cost.
Sincerely,
George Lightbourn
Secretary
Referred to committee on Budget Review.
__________________
State of Wisconsin
Department of Justice
Madison
January 15, 2003
To the Honorable, the Legislature:
