Oregon may weather fiscal turbulence better than most states, thanks to growing Rainy Day Fund

Created nearly two decades ago, the fund has over $3 billion to combat budget crises.

 

By Khushboo Rathore

 

 

Oregon’s rainy day fund grew by $200 million in the most recent fiscal year, not quite fast enough to outpace the growth in state spending.

 

One of the ways budget analysts measure financial strength is to track the daily cost of running a government. They can then assess the ability of a government,…