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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.

K-12: Chapter 70 Aid

funding levels adjusted for inflation (Government Purchases)

  • Funding History
Adjusted for inflation (Government Purchases) NOT adjusted
FY18$4,944,842,940$4,761,953,715
FY17$4,968,483,960$4,628,013,618
FY16$4,929,820,167$4,515,012,199
FY15$4,796,661,106$4,401,196,186
FY14$4,744,262,383$4,303,214,591
FY13$4,739,246,371$4,174,532,545
FY12$4,660,409,583$3,993,515,799
FY11$4,881,830,475$4,073,796,736
FY10$4,997,123,719$4,042,022,844
FY09$4,934,370,573$3,953,158,171
FY08$4,753,823,735$3,731,171,328
FY07$4,716,806,557$3,510,020,040
FY06$4,650,661,079$3,295,801,062
FY05$4,748,525,604$3,190,152,601
FY04$4,906,116,248$3,118,124,259
FY03$5,293,204,443$3,258,969,179
FY02$5,391,159,890$3,219,017,737
FY01$5,122,654,869$2,994,481,788
  • See Changes in Funding
Between and
Funding for K-12: Chapter 70 Aid
8.3%

comparisons adjusted for inflation (Government Purchases)

Adjusted for inflation (Government Purchases) NOT adjusted
FY20 Gov$5,107,909,124$5,107,909,124
FY19$4,978,723,806$4,922,573,321

funding levels adjusted for inflation (Government Purchases)

  • Active Line Items
  • All Line Items
FY17FY18FY19FY20 Gov
Chapter 70 Aid$4,968,483,960$4,929,266,845$4,963,552,705$5,107,909,124
Education Reform Reserve$0$15,576,095$15,171,101$0
FY17FY18FY19FY20 Gov
New Bedford Chapter 70$0$0$0$0
Payment To Certain Schools$0$0$0$0
Enrollment Growth Aid$0$0$0$0
Chapter 70 Aid$4,968,483,960$4,929,266,845$4,963,552,705$5,107,909,124
Supplemental School Aid to Cities/Towns$0$0$0$0
Education Reform Reserve$0$15,576,095$15,171,101$0
Professional Development Grants$0$0$0$0