Goal 7: To Prevent State Fiscal Crises by Ending Boom and Bust Funding Cycles

By limiting spending growth and mandating that “excess” revenue be put into a rainy day fund, TABOR would help prevent fiscal crises
Rainy day funds are an effective tool for preventing sharp cuts in programs
But, the vast majority of states have funded rainy day funds without a constitutional mandate

By limiting spending growth and mandating that “excess” revenue be put into a rainy day fund, TABOR would help prevent fiscal crises