US EditionHas Oklahoma’s savings increased from zero in 2019 to $5 billion today? - Oklahoma Watch
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Has Oklahoma’s savings increased from zero in 2019 to $5 billion today? - Oklahoma Watch
No. Oklahoma’s Rainy Day Fund, also known as the Constitutional Reserve Fund, had a balance of $806.3 million in 2019, which has since increased to $1.3 billion as of 2024. The Rainy Day Fund balance saw the greatest decrease in 2020 when it totalled $58.7 million. There are two instances in which the Rainy Day Fund can be used. Up to half of it can be applied to the budget of the upcoming fiscal year when its certification is less than that o…
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