When times are good, the City of Philadelphia regularly sets aside funds for use in case of a fiscal emergency. These funds are set aside in the Budget Stabilization Reserve, which functions as the City's rainy day fund. Read our Fact Sheet to learn how Philadelphia calculates its rainy day fund deposits, what the funds can be used for, and why having a rainy day fund is so important for the City's fiscal stability.

Fact Sheet: Philadelphia's Rainy Day Fund