3 Steps to Strengthen Your State's Rainy Day Fund

Budget recommendations

Video Read time:
Projects: State Fiscal Health

Navigate to:

  • Table of Contents
3 Steps to Strengthen Your State's Rainy Day Fund

This video is hosted by YouTube. In order to view it, you must consent to the use of “Marketing Cookies” by updating your preferences in the Cookie Settings link below. View on YouTube

This video is hosted by YouTube. In order to view it, you must consent to the use of “Marketing Cookies” by updating your preferences in the Cookie Settings link below. View on YouTube

Is your state ready for a rainy day— such as the next natural disaster or economic downturn? If not, policymakers may face tough choices, like cutting funding for schools and road construction, or raising taxes.

To help states prepare, The Pew Charitable Trusts has identified three steps to strengthen state reserves. The key: planning for tax revenue volatility when designing a rainy day savings fund. Twelve state governments already do it—watch to find out how yours can too.

America’s Overdose Crisis
America’s Overdose Crisis

America’s Overdose Crisis

Sign up for our five-email course explaining the overdose crisis in America, the state of treatment access, and ways to improve care

Sign up
Quick View
America’s Overdose Crisis

America’s Overdose Crisis

Sign up for our five-email course explaining the overdose crisis in America, the state of treatment access, and ways to improve care

Sign up
Related Resources

Report: Building State Rainy Day Funds Fact Sheet: Studying Volatility Report: Managing Uncertainty
MEDIA CONTAct
Catherine An Senior Officer, Communications 202.552.2088
RELATED
Topics
Fiscal & Economic Policy U.S. State Policy
Projects
State Fiscal Health
Places
United States

ADDITIONAL RESOURCES

A presentation being given by a businesswoman to a group of participants at a business conference.

Fact Sheet

April 12, 2024 Four Plan Features Can Boost 'Retirement Readiness'
An illustration of a couple holding hands walking away from an outline of houses behind them

Podcast

March 22, 2024 Pathways to Homeownership: Housing in America
A landscape with mountains and clouds. BLM Rule Puts Conservation, Other Land Uses on Equal Footing

MORE FROM PEW

An aerial view of a vast wetland, with scattered vegetation visible on sandy islands. In Western Australia, a Conservation Model for the World
A large group of people in formal or traditional attire stands together on a stage, with a digital background depicting marine life and the large text “WTO Agreement on Fisheries Subsidies.” WTO Needs to Redouble Its Effort on Fishing Subsidies
A man in a winter hat and sunglasses kneels on a rocky shoreline in front of a campfire, holding a metal mug with gloved hands. Behind him, in the water, a motorboat is moored to the shore. Cliffs rise on both sides of the water. Why Newfoundland’s South Coast Fjords Are Sacred
A landscape with mountains and clouds. BLM Rule Puts Conservation, Other Land Uses on Equal Footing
Composite image of modern city network communication concept

Learn the Basics of Broadband from Our Limited Series

Sign up for our four-week email course on Broadband Basics
Quick View

How does broadband internet reach our homes, phones, and tablets? What kind of infrastructure connects us all together? What are the major barriers to broadband access for American communities?

What Is Antibiotic Resistance—and How Can We Fight It?

Sign up for our four-week email series The Race Against Resistance.
Quick View

Antibiotic-resistant bacteria, also known as “superbugs,” are a major threat to modern medicine. But how does resistance work, and what can we do to slow the spread? Read personal stories, expert accounts, and more for the answers to those questions in our four-week email series: Slowing Superbugs.