State Budget

The Rainy Day Fund

  • January 14, 2025

Summary The Budget Stabilization Reserve Fund, commonly referred to as the Rainy Day Fund, is Pennsylvania’s largest budgetary reserve fund. Pennsylvania law dictates that lawmakers may only draw from the…

Fact Sheet

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And Then What? Reforms Beyond the Current Budget

  • Andrew Abramczyk
  • October 22, 2020

In any case, the budget will get balanced. For Pennsylvanians, the real question is: “And then what?” Pennsylvania’s budget problems preceded the virus shutdown and will continue long after it without real reform. Listed below are areas where lawmakers…

Backgrounder

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Government Accountability

Slicing Pennsylvania’s Finances, Part 3

  • Andrew Abramczyk
  • May 20, 2020

The state government uses special entities to borrow in excess of the constitutional debt limit and make loans and guarantees that would otherwise be illegal.

Report

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