Department of Administration
December 30, 2008
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 2008.
On November 1, 2008, the Injured Patients and Families Compensation Fund cash balance closed at a negative $137.0 million. This negative balance continued through November 30, 2008, when the fund's cash balance closed at a negative $124.7 million. The Injured Patients and Families Compensation Fund cash balance reached its intra-month low of a negative $137.4 million on November 14, 2008. The negative balance was due to the transfer of $200 million to the Medical Assistance Trust Fund per
2007 Wisconsin Act 20, and the pending liquidation of fund securities necessary to offset this shortfall.
On November 1, 2008, the Worker's Compensation Fund cash balance closed at a negative $2.5 million. This negative balance continued through November 30, 2008, when the fund's cash balance closed at a negative $2.6 million (its intra-month low). The negative balance was due to the difference in the timing of revenues and expenditures.
On November 1, 2008, the Mediation Fund cash balance closed at a negative $3.0 thousand. This negative balance continued through November 14, 2008, when the fund's cash balance closed as a positive $209 thousand. The Mediation Fund cash balance reached its intra-month low of a negative $13 thousand on November 13, 2008. The negative balance was due to the difference in the timing of revenues and expenditures.
On November 20, 2008, the Conservation Fund cash balance closed at a negative $2.7 million (its intra-month low). This negative balance continued through November 21, 2008, when the fund's cash balance closed at a positive $579 thousand. The negative balance was due to the difference in the timing of revenues and expenditures.
On November 20, 2008, the Utility Public Benefits Fund cash balance closed at a negative $1.6 million. This negative balance continued through November 30, 2008, when the fund's cash balance closed at a negative $4.0 million (its intra-month low). The negative balance was due to a delayed transfer to the fund.
The Injured Patients and Families Compensation Fund, Worker's Compensation Fund, Mediation Fund, Conservation Fund and Utility Public Benefits 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.
__________________
State of Wisconsin
Department of Health Services
December 31, 2008
The Honorable, The Legislature:
Section
46.03(26) of the statutes requires the Department of Health Services to report annually on information systems projects under development including the implementation schedule, estimate of costs, and methods of determining changes (if applicable).
The Department has two groups of systems now under development; (1) Public Health Information Network, and (2) the Vital Records Reengineering Project. The required information is included in the attached reports.
Sincerely,
karen e. timberlake
Secretary
Referred to joint committee on Finance.
__________________
The following Clearinghouse Rules were continued from the 2007-08 session and carried over to the 2009-10 session and referred to the following committees, pursuant to s.
227.19 (4)(b)6 of the Wisconsin Statutes.
Relating to regulation of fishing tournaments in inland, outlying, and boundary waters of Wisconsin.
Submitted by Department of Natural Resources.
Referred to committee on Transportation, Tourism, Forestry, and Natural Resources, January 8, 2009
.
Relating to ambient air quality standards and affecting small business.
Submitted by Department of Natural Resources.
Referred to committee on Environment,
January 8, 2009
.
Relating to administration of the forest crop law and managed forest law.
Submitted by Department of Natural Resources.
Referred to committee on Transportation, Tourism, Forestry, and Natural Resources, January 8, 2009
.
__________________
Relating to customer access to subscription video services and discriminatory practices by video service providers.
Submitted by Department of Agriculture, Trade and Consumer Protection.
Report received from Agency, January 5, 2009.
Referred to committee on Commerce, Utilities, Energy, and Rail, January 8, 2009
.
Relating to continued group health insurance coverage of an insured dependent after the death of the insured employee or annuitant.
Submitted by Department of Employe Trust Funds.
Report received from Agency, January 5, 2009.
Referred to committee on Health, Health Insurance, Privacy, Property Tax Relief, and Revenue,
January 8, 2009
.
Relating to neighborhood electric vehicles.
Submitted by Department of Transportation.
Report received from Agency, January 5, 2009.
Referred to committee on Transportation, Tourism, Forestry, and Natural Resources, January 8, 2009
.
Relating to pesticide product restrictions.
Submitted by Department of Agriculture, Trade and Consumer Protection.
Report received from Agency, January 5, 2009.
Referred to committee on Agriculture and Higher Education, January 8, 2009
.
Relating to making it a dishonest or unethical practice for securities licensees to make use of misleading designations or certifications purporting to demonstrate special expertise in the financial or retirement needs of seniors.
Submitted by Department of Financial Institutions.
Report received from Agency, January 5, 2009.
Referred to committee on Veterans and Military Affairs, Biotechnology, and Financial Institutions,
January 8, 2009
.
Relating to allowing the operation of certain 2-vehicle combinations on certain highways without a permit.
Submitted by Department of Transportation.
Report received from Agency, January 5, 2009.
Referred to committee on Transportation, Tourism, Forestry, and Natural Resources, January 8, 2009
.
