To help balance the budget, the 2017 Legislature had to access the budget stabilization fund – the so-called “rainy day” fund.
The fund had $575 million in it – when the fiscal year began last July. Now, as of April 30th, it has just over $6 million.
"It served its purpose," said the state's Chief Investment Officer, Dave Hunter. He said the fund will rebuild.
"It's always great to have more rainy day funds than not," Hunter said. "We have come through a pretty tough time. But we look forward to building it."