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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.

Economic Development

funding levels adjusted for inflation (CPI)

  • Funding History
Adjusted for inflation (CPI) NOT adjusted
FY19$173,630,559$173,630,559
FY18$145,780,618$142,289,823
FY17$132,975,483$126,937,368
FY16$159,792,722$149,758,534
FY15$165,136,127$153,733,740
FY14$192,482,086$177,916,666
FY13$125,962,322$114,652,269
FY12$166,221,183$148,788,629
FY11$110,746,735$96,303,818
FY10$123,689,866$105,466,788
FY09$162,930,916$137,572,431
FY08$201,545,765$167,826,896
FY07$492,070,004$395,089,313
FY06$249,872,784$195,544,062
FY05$142,215,587$107,243,052
FY04$161,699,150$118,378,636
FY03$208,223,174$149,148,560
FY02$239,362,193$167,757,499
FY01$307,464,570$211,737,839
  • See Changes in Funding
Between and
Funding for Economic Development
13.9%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY19 GAA$171,001,559$171,001,559
FY19 Leg$171,001,559$171,001,559
FY19 Sen$148,060,424$148,060,424
FY19 SWM$139,879,191$139,879,191
FY19 Hou$153,942,216$153,942,216
FY19 HWM$139,052,216$139,052,216
FY19 Gov$143,395,725$143,395,725
FY18$145,780,618$142,289,823

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY15FY16FY17FY18FY19
Mass. Cultural Council$12,659,305$15,108,755$14,979,170$14,292,951$16,154,982
Workforce Competitiveness Trust Fund$0$0$0$1,024,533$5,000,000
Mass. Port Authority Tourism$0$533,501$0$0$0
Commonwealth Infrastructure Investment Assistance Reserve$5,609,717$10,670,024$10,475,677$10,245,330$13,575,575
Supplier Diversity Office$582,617$525,380$384,542$376,087$733,608
Department of Agricultural Resources Administration$5,923,248$6,418,604$5,740,089$5,973,377$6,281,785
Cannabis and Hemp Oversight$0$0$0$0$1,241,466
Executive Office of Housing and Economic Development$1,413,279$2,903,307$2,194,650$2,744,987$2,672,026
Summer Jobs Program for At-Risk Youth (YouthWorks)$10,559,088$12,483,929$10,528,055$11,218,636$12,785,000
Housing and Economic Development Info. Tech.$3,467,122$3,533,972$3,225,434$3,154,510$2,762,544
Advanced Manufacturing Workforce Development Grants$923,786$1,637,849$1,518,973$1,562,413$2,690,000
Local Capital Projects Program$28,910,641$0$0$0$0
Innovation Institute$2,148,339$2,667,506$523,784$1,024,533$2,500,000
International Trade$0$0$0$102,453$0
Military Base Promotion$1$106,700$130,946$128,067$0
Urban Agenda Economic Development Grants$0$533,501$1,571,352$512,266$650,000
Community Compact Grants$0$620,862$71,366$0$0
Small Business Technical Assistance Grant Program$2,148,339$2,134,005$1,047,568$768,400$2,000,000
Workforce Competitiveness Trust Fund$0$548,439$2,304,649$768,400$750,000
Learn to Earn$0$0$0$256,133$250,000
MassVentures Operations$537,085$0$0$0$0
Transformative Development Fund$0$1,067,002$0$256,133$250,000
Working Cities Tech Assistance Grants$53,708$533,501$523,784$512,266$550,000
Parking Management Plan Grants$0$213,400$0$0$0
Mass. Tech. Collaborative Tech and Innovation Entrepreneurs$0$1,600,504$0$1,588,026$1,575,000
Entrepreneur in Residence Pilot Program$0$106,700$104,757$51,227$50,000
Big Data Innovation and Workforce Fund$0$0$0$512,266$500,000
North Shore InnoVentures$0$106,700$0$0$0
Executive Office of Labor and Workforce Development$829,640$1,113,576$818,121$845,289$917,262
Demonstration Workforce Development Program$0$0$261,892$153,680$500,000
Registered Apprenticeship Expansion$0$0$0$0$500,000
Labor and Workforce Development Info. Technology$213,970$290,885$0$0$0
Department of Labor Standards$2,212,238$2,518,397$2,660,001$3,086,985$3,161,972
Dept. of Labor Standards Licensing Fees Revenue$486,438$483,192$474,391$463,960$452,850
Department of Family and Medical Leave$0$0$0$0$1,500,000
Department of Industrial Accidents$21,005,607$20,426,807$20,335,384$20,115,622$20,011,806
Massachusetts Manufacturing Extension Partnership$2,103,822$2,134,005$0$0$2,000,000
Health Care Worker Training$0$0$0$0$200,000
One Stop Career Centers$4,761,336$4,828,710$3,941,578$4,057,203$4,060,051
Mass. Workforce Professionals Association$53,708$0$0$0$0
Department of Labor Relations$2,247,608$2,453,742$2,339,270$2,432,920$2,616,287
Arbitration and Mediation Retained Revenue$107,417$106,700$104,757$0$0
Joint Labor Management Committee for Municipal Police and Fire$0$0$130,946$132,191$250,000
Massachusetts Service Alliance$2,257,009$3,702,498$1,518,973$3,155,562$3,240,000
Office of Consumer Affairs and Business Regulation$884,669$893,704$770,195$753,259$1,108,890
Regional Economic Development Grants$698,210$640,201$419,027$307,360$1,000,000
Massachusetts Office of Business Development$1,886,892$1,854,386$1,623,782$1,582,602$1,624,803
Biotechnology Research Institute$0$266,751$261,892$248,449$500,000
Small Business Development Center at UMass$1,274,204$1,265,702$1,242,648$1,420,230$1,174,360
Microlending$322,251$320,101$104,757$102,453$300,000
Commonwealth Zoological Corporation$3,813,302$5,228,312$4,190,271$4,456,719$4,675,000
Mass. Tech. Collab. Computer Science Education$0$1,813,904$0$870,853$850,000
Small Business Association Layoff Aversion Grant Program$67,136$266,751$261,892$248,449$250,000
Massachusetts Office of Travel and Tourism$14,608,518$14,674,404$5,586,329$12,912,535$5,203,073
Local Tourist Councils Financial Assistance$5,370,849$6,402,015$6,285,406$6,147,198$6,359,845
Mass Office of Travel and Tourism International Marketing$1,074,170$0$0$0$0
Local Economic Development Projects$0$0$0$0$11,384,500
Massachusetts International Trade Council$74,290$131,641$120,366$113,045$119,033
Race Horse Development Fund Tax Transfer$0$0$0$0$1,499,356
Workforce Training Fund (Transfer)$23,846,568$23,922,195$24,198,813$25,101,058$24,000,000
Mass Cultural Council Tax Transfer$0$0$0$0$1,199,485
FY15FY16FY17FY18FY19
Mass. Cultural Council$12,659,305$15,108,755$14,979,170$14,292,951$16,154,982
Cultural Resources Act$0$0$0$0$0
John and Abigail Adams Arts Program$0$0$0$0$0
Mass. Development Finance Agency$0$0$0$0$0
Mass Development Small Business Loan Reserve$0$0$0$0$0
Economic Stimulus Trust Fund$0$0$0$0$0
Capital Needs Investment Trust$0$0$0$0$0
Educational Rewards Grant Program$0$0$0$0$0
Commonwealth Information Technology Initiative$0$0$0$0$0
Board of Higher Education Scholar-Internship Match$0$0$0$0$0
Workforce Competitiveness Trust Fund$0$0$0$0$0
District Local Technical Assistance Fund$0$0$0$0$0
Workforce Competitiveness Trust Fund$0$0$0$1,024,533$5,000,000
Mass. Life Sciences Investment Fund$0$0$0$0$0
Infrastructure Development Fund$0$0$0$0$0
Mass. Cultural Facilities Fund$0$0$0$0$0
Mass. Technology Transfer Center$0$0$0$0$0
Dept. of Business and Technology Grants$0$0$0$0$0
Historical Preservation Grants$0$0$0$0$0
Dairy Farmer Reserve$0$0$0$0$0
Mass. Port Authority Tourism$0$533,501$0$0$0
Commonwealth Infrastructure Investment Assistance Reserve$5,609,717$10,670,024$10,475,677$10,245,330$13,575,575
District Local Technical Assistance Fund$0$0$0$0$0
Historic Preservation Reserve$0$0$0$0$0
Mass. High Tech Council Grant$0$0$0$0$0
Mass. Defense Technology Institute$0$0$0$0$0
MassPort Tourism$0$0$0$0$0
Supplier Diversity Office$582,617$525,380$384,542$376,087$733,608
Commonwealth Zoological Corporation$0$0$0$0$0
Commonwealth Zoological Corporation$0$0$0$0$0
Commonwealth Zoological Corporation$0$0$0$0$0
Department of Agricultural Resources Administration$5,923,248$6,418,604$5,740,089$5,973,377$6,281,785
Cannabis and Hemp Oversight$0$0$0$0$1,241,466
Agricultural Innovation Center$0$0$0$0$0
Aquaculture Development$0$0$0$0$0
Commonwealth Zoological Corporation$0$0$0$0$0
Department of Labor$0$0$0$0$0
Executive Office of Housing and Economic Development$1,413,279$2,903,307$2,194,650$2,744,987$2,672,026
Summer Jobs Program for At-Risk Youth (YouthWorks)$10,559,088$12,483,929$10,528,055$11,218,636$12,785,000
Permitting Technical Grants$0$0$0$0$0
Housing and Economic Development Info. Tech.$3,467,122$3,533,972$3,225,434$3,154,510$2,762,544
Advanced Manufacturing Workforce Development Grants$923,786$1,637,849$1,518,973$1,562,413$2,690,000
Local Capital Projects Program$28,910,641$0$0$0$0
Advanced Manufacturing Futures Program$0$0$0$0$0
Mass. Life Sciences Center$0$0$0$0$0
Manufacturing College$0$0$0$0$0
Innovation Institute$2,148,339$2,667,506$523,784$1,024,533$2,500,000
International Trade$0$0$0$102,453$0
Military Base Promotion$1$106,700$130,946$128,067$0
Urban Agenda Economic Development Grants$0$533,501$1,571,352$512,266$650,000
Community Compact Grants$0$620,862$71,366$0$0
Small Business Technical Assistance Grant Program$2,148,339$2,134,005$1,047,568$768,400$2,000,000
Wireless Broadband Affairs Director$0$0$0$0$0
Executive Office of Labor and Workforce Development$0$0$0$0$0
Apprentice Training Program$0$0$0$0$0
Labor and Workforce Development Info. Technology$0$0$0$0$0
Division of Occupational Safety$0$0$0$0$0
Asbestos Abatement and Deleading Services Revenue$0$0$0$0$0
Occupational Hygiene Program$0$0$0$0$0
Division of Industrial Accidents$0$0$0$0$0
Labor Relations Commission$0$0$0$0$0
Joint Labor-Management Committee$0$0$0$0$0
Board of Conciliation and Arbitration$0$0$0$0$0
Division of Labor Relations$0$0$0$0$0
Arbitration and Mediation Retained Revenue$0$0$0$0$0
Workforce Competitiveness Trust Fund$0$548,439$2,304,649$768,400$750,000
Learn to Earn$0$0$0$256,133$250,000
Downtown Regional Grant Program$0$0$0$0$0
MassVentures Operations$537,085$0$0$0$0
Transformative Development Fund$0$1,067,002$0$256,133$250,000
Working Cities Tech Assistance Grants$53,708$533,501$523,784$512,266$550,000
Parking Management Plan Grants$0$213,400$0$0$0
Mass. Tech. Collaborative Tech and Innovation Entrepreneurs$0$1,600,504$0$1,588,026$1,575,000
Entrepreneur in Residence Pilot Program$0$106,700$104,757$51,227$50,000
Big Data Innovation and Workforce Fund$0$0$0$512,266$500,000
North Shore InnoVentures$0$106,700$0$0$0
Digital Health Internship Incentive Fund$0$0$0$0$0
Electricity Deregulation Supplemental Unemployment Insurance$0$0$0$0$0
Executive Office of Labor and Workforce Development$829,640$1,113,576$818,121$845,289$917,262
Demonstration Workforce Development Program$0$0$261,892$153,680$500,000
Registered Apprenticeship Expansion$0$0$0$0$500,000
Labor and Workforce Development Info. Technology$213,970$290,885$0$0$0
Department of Labor Standards$2,212,238$2,518,397$2,660,001$3,086,985$3,161,972
Dept. of Labor Standards Licensing Fees Revenue$486,438$483,192$474,391$463,960$452,850
Department of Family and Medical Leave$0$0$0$0$1,500,000
Re-Employment Assistance$0$0$0$0$0
Economic Stabilization Trust$0$0$0$0$0
Department of Industrial Accidents$21,005,607$20,426,807$20,335,384$20,115,622$20,011,806
Manufacturing Assistance$0$0$0$0$0
Direct Care Workforce Development Contract$0$0$0$0$0
Summer Jobs Program$0$0$0$0$0
Health Care Career Ladder Programs$0$0$0$0$0
Mass. Manufacturing Extension Partnership$0$0$0$0$0
Massachusetts Manufacturing Extension Partnership$2,103,822$2,134,005$0$0$2,000,000
Health Care Worker Training$0$0$0$0$200,000
Commonwealth Corporation Grants$0$0$0$0$0
Workforce Training Fund$0$0$0$0$0
Individual Training Grants$0$0$0$0$0
Racetrack Employee Re-Training$0$0$0$0$0
Just-A-Start Biotech Training$0$0$0$0$0
One Stop Career Centers$4,761,336$4,828,710$3,941,578$4,057,203$4,060,051
Mass. Workforce Professionals Association$53,708$0$0$0$0
Welfare-To-Work Skills Plus$0$0$0$0$0
Department of Labor Relations$2,247,608$2,453,742$2,339,270$2,432,920$2,616,287
Summer Jobs Program for At-Risk Youth$0$0$0$0$0
Arbitration and Mediation Retained Revenue$107,417$106,700$104,757$0$0
Joint Labor Management Committee for Municipal Police and Fire$0$0$130,946$132,191$250,000
Workforce Development Initiative$0$0$0$0$0
Massachusetts Service Alliance$2,257,009$3,702,498$1,518,973$3,155,562$3,240,000
Small Business Association Layoff Aversion Program$0$0$0$0$0
Workforce Development Tracking$0$0$0$0$0
DES Youth Service And Conservation Corps$0$0$0$0$0
Commonwealth Development Coordinating Council$0$0$0$0$0
Grants to Municipalities$0$0$0$0$0
Municipal Economic Development$0$0$0$0$0
Community Development Action Grant$0$0$0$0$0
Quincy Center Revitalization$0$0$0$0$0
Economic Grants to Municipalities$0$0$0$0$0
Management Incentive Grants$0$0$0$0$0
Community Investment Grant Program$0$0$0$0$0
Grant to Worcester - CitySquare Project$0$0$0$0$0
Worcester Medical City Grant$0$0$0$0$0
Non-Fed Aided Urban Renewal$0$0$0$0$0
Urban Revitalization and Development$0$0$0$0$0
Office of Consumer Affairs and Business Regulation$884,669$893,704$770,195$753,259$1,108,890
Comprehensive Document Imaging System$0$0$0$0$0
Precision Manufacturing Pilot$0$0$0$0$0
Department of Business and Technology$0$0$0$0$0
Mystic Valley Economic Development$0$0$0$0$0
Regional Economic Development Grants$698,210$640,201$419,027$307,360$1,000,000
Mass. Opportunity Relocation and Expansion Program$0$0$0$0$0
BRAC Program MBDC$0$0$0$0$0
Brownfields Redevelopment Fund$0$0$0$0$0
Mass. Business to Business Program$0$0$0$0$0
Massachusetts Office of Business Development$1,886,892$1,854,386$1,623,782$1,582,602$1,624,803
In-State Sales Force$0$0$0$0$0
Office of Small Business and Entrepreneurship$0$0$0$0$0
Manufacturing Initiatives$0$0$0$0$0
Mass. Manufacturing Extension Partnership$0$0$0$0$0
Mass. Office of Business Development Grants$0$0$0$0$0
Biotechnology Research Institute$0$266,751$261,892$248,449$500,000
Mass. Manufacturing Extension Partnership$0$0$0$0$0
Economic Development Grants$0$0$0$0$0
Devens Progress Review$0$0$0$0$0
Small Business Development Center at UMass$1,274,204$1,265,702$1,242,648$1,420,230$1,174,360
Microlending$322,251$320,101$104,757$102,453$300,000
Year Up$0$0$0$0$0
Mass. Office of Travel and Tourism$0$0$0$0$0
Mass. Sports and Entertainment Commission$0$0$0$0$0
UMass Boston Venture Development Center$0$0$0$0$0
Local Travel and Tourism Grants$0$0$0$0$0
Commonwealth Zoological Corporation$0$0$0$0$0
Commonwealth Zoological Corporation$3,813,302$5,228,312$4,190,271$4,456,719$4,675,000
Mass. Office of Travel and Tourism Competitive Grants$0$0$0$0$0
Mass. Film Office$0$0$0$0$0
Local Tourist Councils Financial Assistance$0$0$0$0$0
MassDevelopment Reserve II$0$0$0$0$0
Business Export Grants$0$0$0$0$0
Mass. Technology Collab./Mass. Technology Park Corp.$0$0$0$0$0
Mass. Tech. Collab. Computer Science Education$0$1,813,904$0$870,853$850,000
Mass. International Trade Council$0$0$0$0$0
MassDevelopment Reserve$0$0$0$0$0
State Office of Minority and Women Business Assistance$0$0$0$0$0
Small Business Association Layoff Aversion Grant Program$67,136$266,751$261,892$248,449$250,000
Mass. Office of Travel and Tourism$0$0$0$0$0
Mass. Technology Development Corporation$0$0$0$0$0
Mass. Technology Park Corporation$0$0$0$0$0
Westfield - Engineering and Infrastructure Improvements$0$0$0$0$0
Massachusetts Office of Travel and Tourism$14,608,518$14,674,404$5,586,329$12,912,535$5,203,073
Anniversary Celebrations$0$0$0$0$0
Local Tourist Councils Financial Assistance$5,370,849$6,402,015$6,285,406$6,147,198$6,359,845
Mass Office of Travel and Tourism International Marketing$1,074,170$0$0$0$0
Local Economic Development Projects$0$0$0$0$11,384,500
Massachusetts International Trade Council$74,290$131,641$120,366$113,045$119,033
Alternative and Clean Energy Investment Trust$0$0$0$0$0
Brownfields Redevelopment Fund$0$0$0$0$0
Emerging Technologies Fund$0$0$0$0$0
Mass. Research Center Matching Fund$0$0$0$0$0
Smart Growth Housing Trust$0$0$0$0$0
Race Horse Development Fund Tax Transfer$0$0$0$0$1,499,356
Workforce Training Fund (Transfer)$23,846,568$23,922,195$24,198,813$25,101,058$24,000,000
Mass Cultural Council Tax Transfer$0$0$0$0$1,199,485