SUMMARY

The program issued bonds and other debt to fund claims under the Wisconsin Petroleum Environmental Cleanup Fund Award (PECFA) program. We provided an unqualified opinion on its financial statement for FY 2010-11 and FY 2009-10. As of June 30, 2011, $188.7 million in revenue obligations remained outstanding, to be repaid from a $0.02 per gallon fee charged for petroleum products sold in Wisconsin.