Thursday, August 2, 2012
One-Hundredth Regular Session
The Chief Clerk makes the following entries under the above date:
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Reference Bureau Corrections
Senate Amendment 5 to Assembly Bill 40
1. Page 1, line 1: delete "senate" and substitute "assembly".
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Senate Amendment 6 to Assembly Bill 40
1. Page 1, line 1: after "bill" insert ", as shown by assembly substitute amendment 1,".
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Speaker's Communications
DATE: August 1, 2012
TO: Patrick E. Fuller, Assembly Chief Clerk
FROM: Speaker Jeff Fitzgerald
RE: Committee Appointment
The Wisconsin Assembly Speaker, Representative Jeff Fitzgerald, has made the decision to appoint Representative Keith Ripp as the chair of the Transportation Committee of the Wisconsin State Assembly and also as the Assembly Republican appointee to the Transportation Projects Commission.
If you have any questions, please feel free to call me at (608) 266-3387.
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Communications
State of Wisconsin
Legislative Reference Bureau
Madison
DATE: July 31, 2012
TO: Patrick E. Fuller
Assembly Chief Clerk
Jeff Renk
Assistant Senate Chief Clerk
FROM: Bruce J. Hoesly
Code Editor
SUBJECT: Rules published in the July 31, 2012
Wisconsin Administrative
Register, No. 679.
The following rules have been published:
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Referral of Agency Reports
State of Wisconsin
Department of Administration
Madison
July 31, 2012
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 June 2012.
A1037
On June 1, 2012, the Medical Assistance Trust Fund cash balance closed at a negative $201.4 million. The cash balance was negative through June 30, 2012, when it closed at a negative $162.2 million. The Medical Assistance Trust Fund cash balance reached its intra-month low of a negative $210.7 million on June 12, 2012.
On June 1, 2012, the Environmental Fund cash balance closed at a negative $7.7 million. The cash balance was negative until June 29, 2012, when it closed at a positive $1.7 million. The Environmental Fund cash balance reached its intra-month low of a negative $9.1 million on June 28, 2012.
The Medical Assistance Trust Fund and Environmental Fund shortfalls were due to the difference in the timing of revenues and expenditures, 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,
Mike Huebsch
Secretary
Referred to committee on Ways and Means and joint committee on Finance.
