CTHRU Stabilization "Rainy Day" Fund
The Commonwealth Stabilization Fund (or
"rainy day" fund) accounts for amounts calculated in accordance
with state finance law and maintains a reserve to enhance the Commonwealth's
fiscal stability. The FY2022 Stabilization Fund balance includes FY2022
interest earned by the Stabilization Fund, excess capital gains taxes above
the annual threshold, income tax withholding on certain transfers of Lottery
prizes, and 10% of the tax on the gaming profits generated by the Springfield
and Everett casinos. There have been no outflows from the Stabilization Fund
in FY2022.
Fiscal Year-End and Current
Stabilization Fund
Balances (In $ Millions)
(FY2022 Balance is as of June 21, 2022)
Stabilization Chart Inflows and Outflows (in $ Millions)