25.43(1)(1) There is established a separate nonlapsible trust fund designated as the clean water fund, to consist of:
25.43(1)(b)
(b) All state funds appropriated or transferred to the clean water fund to meet the requirements for state deposits under
33 USC 1382.
25.43(1)(c)
(c) All other appropriations and transfers of state funds to the clean water fund.
25.43(1)(d)
(d) All gifts, grants and bequests to the clean water fund.
25.43(1)(e)
(e) All repayments of principal and payment of interest on loans made from the clean water fund and on obligations acquired by the department of administration under
s. 281.59 (12).
25.43(2)(a)(a) There is established in the clean water fund a federal revolving loan fund account consisting of the capitalization grants under
sub. (1) (a) and
(b) and all repayments under
sub. (1) (e) and
(g) of capitalization grants under
sub. (1) (a) and
(b).
25.43(2)(b)
(b) There is established in the clean water fund a state revolving loan fund account consisting of all moneys in the fund not included in accounts under
par. (a) or
(c).
25.43(2)(c)
(c) The department of administration may establish and change accounts in the clean water fund other than those under
pars. (a) and
(b). The department of administration shall consult the department of natural resources before establishing or changing an account that is needed to administer the program under
s. 281.58 and
281.59.
25.44
25.44
Farms for the future fund. 25.44(1)
(1) There is established a separate nonlapsible trust fund designated as the farms for the future fund, to consist of:
25.44(1)(a)
(a) All gifts, grants and bequests to the farms for the future fund.
25.44(1)(b)
(b) All moneys received from counties, cities, villages and towns for the farms for the future fund.
25.44(1)(c)
(c) All moneys provided for the farms for the future fund by the federal government under
P.L. 101-624, sections 1465 to 1470.
25.44(2)
(2) Except for the purpose of investment as provided in
s. 25.17 (3) (b),
(ba) and
(bd), the farms for the future fund may be used only for the purpose of investing funds in the protection or preservation of farmland for agricultural purposes.
25.44 History
History: 1991 a. 38.
25.45
25.45
Waste management fund. There is established a separate nonlapsible trust fund designated as the waste management fund, to consist of the tonnage fees imposed under s.
144.441 (3), 1989 stats., except for tonnage fees paid by a nonapproved facility, as defined in
s. 289.01 (24); waste management base fees imposed under s.
144.441 (5), 1989 stats.; and all moneys received or recovered under
s. 289.41 (11) (a) 1.,
3. or
4. and
(am) 1.,
3. and
4. Moneys in the waste management fund shall be used for the purposes specified under
s. 289.68 (3) to
(6).
25.46
25.46
Environmental fund. There is established a separate nonlapsible trust fund designated as the environmental fund, to consist of:
25.46(5m)
(5m) The tonnage fees imposed under
s. 289.62 (1) that are paid by a nonapproved facility, as defined in
s. 289.01 (24), for environmental repair.
25.46(6)
(6) The groundwater fees imposed under
s. 289.63 for groundwater management.
25.46(6m)
(6m) The well compensation fees imposed under
s. 289.63 for environmental repair.
25.46(6r)
(6r) The solid waste capacity fees imposed under
ss. 289.63 and
289.65 for environmental repair.
25.46(10)
(10) The amounts required to be paid into the environmental fund under
s. 292.31 (8) (g) for environmental repair.
25.46(12)
(12) The moneys received from the federal government as reimbursement under
s. 292.11 (6) (c) 2. and for purposes related to the hazardous substances spills program, the abandoned container program and the environmental repair of waste facilities.
25.46(13)
(13) The moneys received from reimbursements under
s. 292.41 (6) (c) for the abandoned container program.
25.46(13m)
(13m) The environmental assessments imposed under
s. 299.93 for environmental enforcement, environmental repair and environmental education.
25.46(18)
(18) All moneys received under
s. 283.87 or as a settlement to any action initiated or contemplated under
s. 283.87 for environmental repair.
25.465
25.465
Agrichemical management fund. There is established a separate nonlapsible trust fund designated as the agrichemical management fund, to consist of:
25.47
25.47
Petroleum inspection fund. There is established a separate nonlapsible trust fund designated as the petroleum inspection fund, to consist of the fees imposed under
s. 168.12 (1) and the net recoveries under
s. 101.143 (5) (c).
25.49
25.49
Recycling fund. There is established a separate nonlapsible trust fund designated as the recycling fund, to consist of:
25.50
25.50
Local government pooled-investment fund. 25.50(1)(1)
Definitions. In this section:
25.50(1)(a)
(a) "Board" means the state investment board.
25.50(1)(b)
(b) "Fund" means the local government pooled-investment fund.
25.50(1)(c)
(c) "Local funds" means funds under the control or in the custody of any local government or local official that are not required to meet current expenditures or demands.
25.50(1)(d)
(d) "Local government" means any county, town, village, city, power district, sewerage district, drainage district, town sanitary district, public inland lake protection and rehabilitation district, local professional baseball park district created under
subch. III of ch. 229, public library system, school district or technical college district in this state, any commission, committee, board or officer of any governmental subdivision of this state, any court of this state, other than the court of appeals or the supreme court, or any authority created under
s. 231.02,
233.02 or
234.02.
25.50(1)(e)
(e) "Local official" means each officer or employe of a local government who by law or vote of the governing body of the local government is made the custodian of funds.
25.50(2)
(2) Creation. There is established within the state investment fund a local government pooled-investment fund with a separate and identifiable account within the fund for each local government.
25.50(3)
(3) Local governments authorized to place funds in pool. 25.50(3)(a)(a) With the consent of the governing body, a local official may transfer local funds to the state treasurer for deposit in the fund.
25.50(3)(b)
(b) On the dates specified and to the extent to which they are available, subject to
s. 16.53 (10), funds payable to local governments under
ss. 79.03,
79.04,
79.05,
79.058,
79.06,
79.08 and
79.10 shall be considered local funds and, pursuant to the instructions of local officials, may be paid into the separate accounts of all local governments established in the local government pooled-investment fund and, pursuant to the instructions of local officials, to the extent to which they are available, be disbursed or invested.
25.50(4)
(4) Period of investments; withdrawal of funds. Subject to the right of the local government to specify the period in which its funds may be held in the fund, the state treasurer shall prescribe the mechanisms and procedures for deposits and withdrawals.
25.50(5)
(5) Investment policies. The investment board shall formulate policies for the investment and reinvestment of moneys in the fund and the acquisition, retention, management and disposition of such investments. The board shall provide a copy of the investment policies, together with any guidelines adopted by the board to direct staff investment activity, to each local government having an investment in the fund upon the local government's request and at least annually to all investors. The board shall distribute at least annually performance information over the preceding one-year, 5-year and 10-year periods, compared with appropriate indices or benchmarks in the private sector. The investment policies shall include all of the following:
25.50(5)(b)
(b) Any restrictions on allocation of assets among various asset types.
25.50(5)(c)
(c) Credit standards for private companies in which the fund may invest.
