Pennsylvania State Treasurer Stacy Garrity says the state has transferred a little over two-billion-dollars to its Rainy Day Fund. The action was authorized as part of the state budget for Fiscal Year 2022-23. Garrity says with the deposit, the Rainy Day Fund is now approaching five-billion-dollars. The account serves as a safety net for state spending, helping to ease pressure to raise taxes or makes program cuts during an economic downturn.