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Conservatively Speaking

State Senator Mary Lazich (R-New Berlin) represents parts of four counties: Milwaukee, Waukesha, Racine, and Walworth. Her Senate District 28 includes New Berlin, Franklin, Greendale, Hales Corners, Muskego, Waterford, Big Bend, the town of Vernon and parts of Greenfield, East Troy, and Mukwonago. Senator Lazich has been in the Legislature for more than a decade. She considers herself a tireless crusader for lower taxes, reduced spending and smaller government.

Wisconsin Legislative Audit Bureau Reveals $32.9 million Overpayments by the University of Wisconsin System

During the Wisconsin Legislative Audit Bureau’s (LAB) financial audit of the state of Wisconsin for the fiscal year ending June 30, 2012, the LAB discovered $32.9 million spending by the University of Wisconsin (UW) System that should not have occurred.  The UW System contributed $17.5 million to the Wisconsin Retirement System, (WRS) and paid $15.4 million for health insurance premiums on behalf of 924 employees not employed by the UW System. 

The WRS refunded the money; however, the health insurance services were provided and recouping the money for utilized premiums is not likely to occur.

As a member of the Legislative Audit Committee, I can assure you this isn’t over.  This fiscal mismanagement cannot be tolerated.

Here is a link to Comprehensive Annual Financial Report for the fiscal year ended June 30, 2012:  ftp://doaftp1380.wi.gov/doadocs/2012%20CAFR_Linked.pdf 

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