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What's New
Department of Employee Trust Funds — We provided unmodified opinions on the financial statements of the Department of Employee Trust Funds (ETF) for 2014. ETF's financial statements present 14 separate funds used to account for the financial position and activity of the various benefit programs available to state and local public employees. These programs include the Wisconsin Retirement System and health and life insurance programs for active and retired employees of the State and participating local governments. Our independent auditor's report on the financial statements is included in the ETF's 2014 Comprehensive Annual Financial Report, which can be found on its website.
If you need help opening a report file, or have questions or comments, please contact us at AskLAB. or call (608) 266-2818.
State of Wisconsin's Financial Statements — We provided our unmodified audit opinions on the State of Wisconsin's FY 2014-15 financial statements. These statements are included in the State's Comprehensive Annual Financial Report, which is prepared by the Department of Administration and is available on its website.
State Investment Fund — We provided an unmodified opinion on the financial statements of the State Investment Fund for the fiscal year ended June 30, 2015. The State Investment Fund invests the excess operating funds of state agencies, the Wisconsin Retirement System, and the Local Government Investment Pool. The financial statements and our auditor's opinion are published separately in the State of Wisconsin Investment Board's State Investment Fund Annual Financial Report for fiscal year ended June 30, 2015.
Division of Vocational Rehabilitation — We found that annual average expenditures for services per participant, as well as rehabilitation rates of participants, varied considerably among DVR's 11 workforce development areas. Our review of 100 closed cases indicated that DVR generally served these participants appropriately, but we identified some concerns. We recommend DWD improve its program management, including by examining and assessing the variations in annual average expenditures per participant and rehabilitation rates.
Legislative Audit Bureau
22 E. Mifflin Street, Suite 500
Madison, WI 53703
Phone: (608) 266-2818
Fax: (608) 267-0410
Send questions or comments to AskLAB.
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About the bureau
The Legislative Audit Bureau is a nonpartisan service agency that conducts financial and performance 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.