OKLAHOMA CITY —
Despite the concern over looming federal cuts to defense, Doerflinger urged caution when it comes to taking money from the state’s Rainy Day Fund.
“Beginning to touch the Rainy Day Fund is a slippery slope,” Doerflinger said. “Let’s see how creative state agencies can get before we start tapping into the Rainy Day Fund.
Designed primarily to help cushion state revenue shortfalls, 25 percent of the Rainy Day Fund can be accessed if the governor and three-fourths of both legislative chambers declare an emergency.