When Oregon lawmakers left Salem at the end of this year’s legislative session, they left behind about $800 million in rainy day reserve funds.
That means about 5 percent of total spending is being saved, according to a report in The Statesman Journal.
Budget experts say reserves should total between 10 and 15 percent of total spending to fully protect against an economic downturn.
Overall, the state will be spending about $16.4 billion over the next two years.
Lawmakers left about $190 million in education reserve funding, and just over $260 million in a general rainy day fund, which can only be tapped with a vote of 60 percent of members in both chambers.
There’s expected to be more money left over that’s unspent or held back by state agencies.