Tuesday, November 9, 2010
Ninety-Ninth Regular Session
The Chief Clerk makes the following entries under the above date.
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State of Wisconsin
Department of Administration
October 29, 2010
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 September 2010.
On September 21, 2010, the Medical Assistance Trust Fund cash balance closed at a negative $5.4 million (its intra-month low). This negative balance continued through September 30, 2010, when the fund's cash balance closed at a negative $2.0 million. The negative balance was due to the difference in the timing of revenues and expenditures.
On September 1, 2010, the Environmental Fund cash balance closed at a negative $1.2 million. This negative balance continued through September 30, 2010, when the fund's cash balance closed at a negative $16.3 million (its intra-month low). The negative balance was due to the difference in the timing of revenues and expenditures.
The Medical Assistance Trust Fund and Environmental 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,
daniel j. schooff
Secretary
Referred to joint committee on Finance.
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State of Wisconsin
Government Accountability Board
November 2, 2010
The Honorable, The Senate:
The following lobbyists have been authorized to act on behalf of the organizations set opposite their names.
For more detailed information about these lobbyists and organizations and a complete list of organizations and people authorized to lobby the 2009-2010 session of the legislature, visit the Government Accountability Board's web site at:
http://gab.wi.gov/.
Gruner, Robyn AT&T Wisconsin
Hadnot, Dextra AT&T Wisconsin
Jansen, Scott AT&T Wisconsin
Kippers, Betsy Wisconsin Education
Association Council
Also available from the Wisconsin Government Accountability Board are reports identifying the amount and value of time state agencies have spent to affect legislative action and reports of expenditures for lobbying activities filed by organizations that employ lobbyists.
Sincerely,
kevin kennedy
Director and General Counsel
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The committee on Children and Families and Workforce Development reports and recommends:
Relating to child care subsidy program integrity and affecting small businesses.
No action taken.
Robert Jauch
Chairperson
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The committee on Economic Development reports and recommends:
Relating to the Wisconsin development fund, and affecting small businesses.
No action taken.
Julie Lassa
Chairperson
