Treasurer Garrity Announces $2.1 Billion Transfer to Rainy Day Fund
Pennsylvania now has nearly $5 billion in reserves to protect taxpayers in economic downturn
Harrisburg, PA — Treasurer Stacy Garrity today announced the deposit of $2.1 billion into Pennsylvania’s Rainy Day Fund, formally known as the Budget Stabilization Reserve Fund. The transfer, which was officially made yesterday, was authorized as part of the state budget for Fiscal Year 2022-23.