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Released Reports

Petroleum Inspection Fee Revenue Obligations Program

Report 18-15 | November 2018

We provided an unmodified opinion on the Petroleum Inspection Fee Revenue Obligations Program’s financial statement for FY 2017-18 and FY 2016-17. The program was established to provide financing to pay claims under the State of Wisconsin Petroleum Environmental Cleanup Fund Award (PECFA) program. As of June 30, 2018, a total of $55.1 million in revenue obligations remained outstanding. These obligations are scheduled to be paid off on July 1, 2019. The revenue obligations will be repaid using a $0.02 per gallon fee charged for petroleum products received for sale in Wisconsin. 2015 Wisconsin Act 55 sunset the PECFA program, and all claims for reimbursement must be submitted by July 1, 2020.

Briefing Sheet • mobile version | Report

Department of Employee Trust Funds

Report 18-10 | October 2018

We provided unmodified opinions on the financial statements for the separate funds presented in the Department of Employee Trust Funds (ETF) 2017 Comprehensive Annual Financial Report, which can be found on its website. ETF’s financial statements present 12 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.

Briefing Sheet • mobile version | Report