States Using Reserves to Fund 2010 Budgets

A Special News Bulletin published by the Public Services Division

The financial impact of an unstable economy is having a dramatic effect on many states around the country.  As the summer comes to a close, at least 11 states have used reserve accounts, also known as “rainy day” funds, to supplement revenue needed to balance budgets so a myriad of services can be provided to the public.  For more information, please review the attached article published by stateline.org.