Pew: R.I. rainy day fund healthiest in New England

RHODE ISLAND could operate for 19.8 days on its reserves in its rainy day fund, according to The Pew Charitable Trusts. /COURTESY THE PEW CHARITABLE TRUSTS
RHODE ISLAND could operate for 19.8 days on its reserves in its rainy day fund, according to The Pew Charitable Trusts. /COURTESY THE PEW CHARITABLE TRUSTS
PROVIDENCE – Rhode Island could operate for 19.8 days on the reserves in its rainy day fund, which is the longest time period among the New England states, according to The Pew Charitable Trusts, which updated its 50-state data on reserves and balances on Thursday. Rainy day funds, also called budget stabilization funds, were the…

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