Ypsilanti leaders have set a goal to bolster its “rainy day fund” to keep the city going for roughly three months in the ...

Bartholomew County Council members agreed to transfer $3.6 million into the county’s “rainy day fund,” bringing the reserve’s total up to $15.6 million. The vote to approve the transfer ...

The Ypsilanti City Council passed a resolution Tuesday night to increase the target for its budget stabilization, or “rainy ...

The U.S. savings rate rose in February for the second straight month, suggesting that Americans are rebuilding their rainy-day funds after the holiday shopping season. The savings rate rose to 4.6 ...

Financial emergencies are pushing more Americans to break into their 401(k) accounts. Some 4.8% of account holders took early withdrawals last year for reasons such as preventing foreclosure and ...

The budget proposed Monday by Washington Senate Democrats calls for draining most of the state’s Budget Stabilization Account, commonly known as the rainy day fund. The proposal would take $1.6 ...

Americans’ rainy day funds continue to dwindle. During the first quarter, the personal saving rate within the U.S.—savings as a percentage of disposable personal income—was 3.6%, according ...

Illinois’ rainy-day fund currently has a balance of $2.2 billion. Officials from the Government Finance Officers Association recommend the state in 2026 have at least $9.2 billion in reserve to ...

Finances are sound enough to handle a significant hit from the federal government without creating a financial crisis, school ...