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Inflation Adjustment
  • CPI: adjusts for changes in the cost of goods and services purchased by consumers
  • IPD: adjusts for changes in the cost of goods and services purchased by governments
  • Economic Growth: adjusts for changes in the size of the state economy (measured in terms of total personal income)
  • None: does not capture changes in the value of a dollar over time.

Greenfield Community College

7505-0100

funding levels adjusted for inflation (CPI)

  • Funding History
  • Proposals
Adjusted for inflation (CPI) NOT adjusted
FY20 GAA $11,134,180 $11,134,180
FY19 $11,006,887 $10,752,428
FY18 $10,973,127 $10,474,875
FY17 $10,915,226 $10,190,490
FY16 $10,760,616 $9,863,161
FY15 $10,450,689 $9,515,167
FY14 $9,217,050 $8,332,257
FY13 $8,562,320 $7,622,156
FY12 $8,745,660 $7,656,325
FY11 $9,714,834 $8,262,137
FY10 $10,647,022 $8,878,798
FY09 $10,438,301 $8,619,898
FY08 $10,790,242 $8,787,462
FY07 $10,523,557 $8,263,715
FY06 $10,052,425 $7,693,801
FY05 $9,601,476 $7,081,159
FY04 $9,806,469 $7,021,383
FY03 $11,640,148 $8,154,417
FY02 $12,560,256 $8,609,329
FY01 $11,677,039 $7,864,671
  • See Changes in Funding
Between and
Funding for Greenfield Community College
2.0%

comparisons adjusted for inflation (CPI)

Notes

  • In FY20, the budget uses $2.9 million that in the past would have been available for State University Incentive Grants (7066-1400) and shifts it to the individual state universites. The budget also take funding that in the past supported centralized funding for community colleges (7100-4000) and distributes it to the individual campuses.
  • In order to make the most accurate year-to-year comparisons, consider both campus appropriations and funding for the campuses included in collective bargaining reserves.
  • From FY01-FY11, with only a few exceptions, higher education campuses did not retain tuition collected from any of their students; instead, these funds were remitted back to the state treasury. Starting in FY12, all public higher education campuses were allowed to retain out-of-state tuition payments, remitting only in-state tuition. In order to allow for more accurate comparisons of net state appropriations across years, MassBudget deducts the amount of tuition remitted back to the state for each campus for each year.
Adjusted for inflation (CPI) NOT adjusted
FY20 GAA $11,134,180 $11,134,180
FY20 Leg $11,024,798 $11,024,798
FY20 Sen $11,024,798 $11,024,798
FY20 SWM $11,024,798 $11,024,798
FY20 Hou $11,024,798 $11,024,798
FY20 HWM $11,024,798 $11,024,798
FY20 Gov $11,024,798 $11,024,798
FY19 $11,006,887 $10,752,428

Notes

  • In FY20, the budget uses $2.9 million that in the past would have been available for State University Incentive Grants (7066-1400) and shifts it to the individual state universites. The budget also take funding that in the past supported centralized funding for community colleges (7100-4000) and distributes it to the individual campuses.
  • In order to make the most accurate year-to-year comparisons, consider both campus appropriations and funding for the campuses included in collective bargaining reserves.
  • From FY01-FY11, with only a few exceptions, higher education campuses did not retain tuition collected from any of their students; instead, these funds were remitted back to the state treasury. Starting in FY12, all public higher education campuses were allowed to retain out-of-state tuition payments, remitting only in-state tuition. In order to allow for more accurate comparisons of net state appropriations across years, MassBudget deducts the amount of tuition remitted back to the state for each campus for each year.