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Employee Trust Funds Financial Statements — We expressed an unqualified audit opinion on the Department of Employee Trust Fund's 2007 financial statements. Our opinion is included in the Department's annual report. Send Comments or Questions Summary
If you need help opening a report file, please contact the Webmaster at leg.audit.info@legis.wisconsin.gov or call (608) 266-2818.
Petroleum Inspection Fee Revenue Obligations Program — The program issued bonds and other debt to fund claims under the Wisconsin Petroleum Environmental Cleanup Fund Award (PECFA) program. We provide an unqualified opinion on its financial statement for FYs 2008-09 and 2007-08. As of June 30, 2009, $231.0 million in revenue obligations remained outstanding, to be repaid from a $0.02 per gallon fee charged for petroleum products sold in Wisconsin. Send Comments or Questions Full Report (PDF 278K)
Universal Service Fund — We provided an unqualified auditor's opinion on the Universal Service Fund's (USF's) FY 2007-08 financial statements. The USF supports telecommunications and Internet services and access, including programs to assist low-income and disabled individuals, and is now the sole funding source for state aid to public libraries. It is funded primarily through assessments on certain telecommunications providers, which totaled $31.6 million in FY 2007-08. Providers of cell phone services will begin to pay assessments in FY 2009-10. Full Report (PDF 382K)
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Health Insurance Risk-Sharing Plan (HIRSP) Authority — We provided an unqualified opinion on the HIRSP Authority's financial statements for 2008. The HIRSP Authority has maintained a sound financial position, with net assets totaling $35.4 million at the end of 2008. Policyholder enrollment has decreased in recent years because of the availability of the federal Medicare Part D program and the State's BadgerCare Plus program for individuals under the age of 19. Send Comments or Questions Full Report (PDF 475K)
Legislative Audit Bureau
22 E. Mifflin Street, Suite 500
Madison, WI 53703
Phone: (608) 266-2818
Fax: (608) 267-0410
leg.audit.info@legis.wisconsin.gov
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About the bureau
The Legislative Audit Bureau is a nonpartisan service agency that conducts financial and program evaluation audits of state agencies.
To learn more about the bureau click here.
About our reports
Our reports typically contain reviews of financial transactions, analyses of agency performance or public policy issues, and recommendations for improvement.
To learn more about our reports click here.
About the Legislative Audit Committee
Reports are submitted to the Joint Legislative Audit Committee, which may arrange public hearings and introduce legislation in response to our recommendations.
To learn more about the Audit Committee click here.