Fiscal Stability & Public Management - State ProfilesCaptures each state government's ability to manage its finances across key spending areas and fiscal practices.
#18 Reserve 'Rainy Day' Fund Balances as a Percent of General Fund Expenditures
The balance in a state's budget stabilization fund(s) or reserve accounts available to supplement general fund spending during a revenue downturn or other unanticipated shortfall (if the specific restrictions on the use of the fund(s) are met). These reserve funds may be stored within or outside of the general fund in the state. 2022 projected data.
Pew Charitable Trusts Fiscal 50: State Trends and Analysis, Boston College Center for Retirement Research and Bureau of Economic Analysis, Source for state debt: U.S. Census Annual Survey of State Government Finances;
Source for personal income: BEA, Pew Charitable Trusts Fiscal 50: State Trends and Analysis, Medicaid and CHIP Payment and Access Commission (MACPAC)