Transparency Portal
FY2023 Rainy Day Fund
42.4 days

50-State Median
FY2023 Rainy Day Fund
44.5 days

What is a Rainy Day Fund?

The Rainy Day Fund is where the state safeguards reserves for potential economic downturns. States typically see less tax revenue and increased spending on social services during an economic downturn. If a state has set aside funds during periods of economic growth, this means the state will face less pressure to cut discretionary programs, e.g. higher education.

Source: The Pew Charitable Trusts – Fiscal 50: State Trends and Analysis. Pew’s analysis is based on data from “The Fiscal Survey of States” published by the National Association of State Budget Officers (NASBO). Additional data provided by The Pew Charitable Trusts.

Fiscal 50: State Trends and Analysis | The Pew Charitable Trusts (

Archive of Fiscal Survey of the States | NASBO (