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Released Reports

UW-Extension Student Financial Aid Attestation

Report 18-16 | November 2018

We provided an unmodified opinion on UW-Extension’s compliance with applicable requirements related to certain administrative services it provides as a third-party servicer for federal student financial aid. For FY 2017-18, UW-Extension entered into contracts with UW Colleges and UW-Milwaukee to administer federal student financial aid for students participating in the UW Flexible Option program. During FY 2017-18, UW-Extension disbursed nearly $1.4 million in federal student financial aid to 41 students from UW Colleges and 269 students from UW-Milwaukee who participated in the UW Flexible Option program.

Briefing Sheet • mobile version | Report

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