1.1: Reserves
Build Reserves to $8 billion (including new Rainy Day Fund) Other Information:
Build Reserves to $8 billion by 2016-17: * Meets key LAO Recommendation to protect against economic downturns, and will grow
each year. * Reserves include projected balance of a new Rainy Day Fund, first outlined in 2013-14 Blueprint. * Rainy Day
Fund established with a Constitutional Amendment that preserves spiking Capital Gains revenues to limit overspending in good
years and mitigate devastating cuts in bad years.
Indicator(s):
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