Select Budgets
Clear All Select All
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
FY20 Sen$203,068,048$203,068,048
FY19$192,356,266$187,909,339
FY18$149,058,031$142,289,823
FY17$135,965,013$126,937,368
FY16$163,385,152$149,758,534
FY15$168,848,686$153,733,740
FY14$196,809,432$177,916,666
FY13$128,794,183$114,652,269
FY12$169,958,137$148,788,629
FY11$113,236,522$96,303,818
FY10$126,470,639$105,466,788
FY09$166,593,898$137,572,431
FY08$206,076,878$167,826,896
FY07$503,132,629$395,089,313
FY06$255,490,376$195,544,062
FY05$145,412,851$107,243,052
FY04$165,334,440$118,378,636
FY03$212,904,408$149,148,560
FY02$244,743,488$167,757,499
FY01$314,376,931$211,737,839
  • See Changes in Funding
Between and
Funding for Economic Development
6.7%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY20 Sen$203,068,048$203,068,048
FY20 SWM$193,555,748$193,555,748
FY20 Hou$206,586,970$206,586,970
FY20 HWM$194,175,970$194,175,970
FY20 Gov$197,496,175$197,496,175
FY19$192,356,266$187,909,339

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY19FY20 GovFY20 Sen
Mass. Cultural Council$16,537,294$16,110,765$18,080,000
Workforce Competitiveness Trust Fund$5,118,326$6,919,500$7,000,000
Commonwealth Infrastructure Investment Assistance Reserve$13,896,845$13,575,575$13,575,575
Supplier Diversity Office$750,969$924,703$924,703
Department of Agricultural Resources Administration$6,430,445$6,158,662$6,303,662
Cannabis and Hemp Oversight$1,270,846$1,243,718$1,243,718
Executive Office of Housing and Economic Development$2,735,260$2,292,117$2,603,456
Summer Jobs Program for At-Risk Youth (YouthWorks)$13,087,561$14,442,500$15,600,000
Housing and Economic Development Info. Tech.$2,827,920$3,194,089$3,106,655
Advanced Manufacturing Workforce Development Grants$2,753,660$2,500,000$2,790,000
Innovation Institute$2,559,163$750,000$2,500,000
Urban Agenda Economic Development Grants$665,382$2,000,000$0
Small Business Technical Assistance Grant Program$2,047,331$2,000,000$2,100,000
Workforce Competitiveness Trust Fund$767,749$0$0
Learn to Earn$255,916$950,000$0
Downtown Regional Grant Program$0$500,000$0
Transformative Development Fund$255,916$250,000$250,000
Massachusetts Cybersecurity Innovation Fund$0$0$1,250,000
Working Cities Tech Assistance Grants$563,016$0$0
Mass. Tech. Collaborative Tech and Innovation Entrepreneurs$1,612,273$1,075,000$0
Entrepreneur in Residence Pilot Program$51,183$50,000$0
Big Data Innovation and Workforce Fund$511,833$500,000$0
Executive Office of Labor and Workforce Development$938,969$775,183$850,183
Labor and Workforce Development Shared Services$0$8,646,607$9,555,056
Demonstration Workforce Development Program$511,833$500,000$500,000
Registered Apprenticeship Expansion$511,833$3,406,025$500,000
Department of Labor Standards$3,472,244$5,463,121$3,874,672
Dept. of Labor Standards Licensing Fees Revenue$463,567$452,850$452,850
Department of Family and Medical Leave$1,535,498$0$0
Department of Industrial Accidents$20,485,391$20,727,429$20,727,429
Massachusetts Manufacturing Extension Partnership$2,047,331$0$2,000,000
Health Care Worker Training$204,733$0$200,000
MassHire Department of Career Services$0$2,064,979$2,064,979
One Stop Career Centers$4,156,133$3,960,051$3,960,051
Department of Labor Relations$2,678,202$3,171,568$3,137,167
Joint Labor Management Committee for Municipal Police and Fire$255,916$271,835$271,835
Massachusetts Service Alliance$3,316,676$1,400,000$1,400,000
AFL-CIO Workforce Development Programs$0$0$150,000
Office of Consumer Affairs and Business Regulation$1,135,132$1,286,794$1,235,935
Regional Economic Development Grants$1,023,665$1,000,000$1,000,000
Massachusetts Office of Business Development$1,663,254$1,772,787$1,972,787
Biotechnology Research Institute$511,833$500,000$500,000
Small Business Development Center at UMass$1,202,152$1,426,222$1,186,222
Microlending$307,100$300,000$400,000
Commonwealth Zoological Corporation$4,785,635$4,000,000$4,050,000
Mass. Tech. Collab. Computer Science Education$870,115$0$0
Small Business Association Layoff Aversion Grant Program$255,916$250,000$250,000
Massachusetts Office of Travel and Tourism$5,326,205$5,024,984$5,024,984
Local Tourist Councils Financial Assistance$6,510,353$7,292,713$7,292,713
Local Economic Development Projects$11,653,917$0$4,799,800
Massachusetts International Trade Council$121,850$122,273$122,273
Race Horse Development Fund Tax Transfer$15,916,087$19,435,083$19,435,083
Workforce Training Fund (Transfer)$24,567,967$24,500,000$24,517,218
Mass Cultural Council Tax Transfer$1,227,871$4,309,042$4,309,042
FY19FY20 GovFY20 Sen
Mass. Cultural Council$16,537,294$16,110,765$18,080,000
Cultural Resources Act$0$0$0
John and Abigail Adams Arts Program$0$0$0
Mass. Development Finance Agency$0$0$0
Mass Development Small Business Loan Reserve$0$0$0
Economic Stimulus Trust Fund$0$0$0
Capital Needs Investment Trust$0$0$0
Educational Rewards Grant Program$0$0$0
Commonwealth Information Technology Initiative$0$0$0
Board of Higher Education Scholar-Internship Match$0$0$0
Workforce Competitiveness Trust Fund$0$0$0
District Local Technical Assistance Fund$0$0$0
Workforce Competitiveness Trust Fund$5,118,326$6,919,500$7,000,000
Mass. Life Sciences Investment Fund$0$0$0
Infrastructure Development Fund$0$0$0
Mass. Cultural Facilities Fund$0$0$0
Mass. Technology Transfer Center$0$0$0
Dept. of Business and Technology Grants$0$0$0
Historical Preservation Grants$0$0$0
Dairy Farmer Reserve$0$0$0
Mass. Port Authority Tourism$0$0$0
Commonwealth Infrastructure Investment Assistance Reserve$13,896,845$13,575,575$13,575,575
District Local Technical Assistance Fund$0$0$0
Historic Preservation Reserve$0$0$0
Mass. High Tech Council Grant$0$0$0
Mass. Defense Technology Institute$0$0$0
MassPort Tourism$0$0$0
Supplier Diversity Office$750,969$924,703$924,703
Commonwealth Zoological Corporation$0$0$0
Commonwealth Zoological Corporation$0$0$0
Commonwealth Zoological Corporation$0$0$0
Department of Agricultural Resources Administration$6,430,445$6,158,662$6,303,662
Cannabis and Hemp Oversight$1,270,846$1,243,718$1,243,718
Agricultural Innovation Center$0$0$0
Aquaculture Development$0$0$0
Commonwealth Zoological Corporation$0$0$0
Department of Labor$0$0$0
Executive Office of Housing and Economic Development$2,735,260$2,292,117$2,603,456
Summer Jobs Program for At-Risk Youth (YouthWorks)$13,087,561$14,442,500$15,600,000
Permitting Technical Grants$0$0$0
Housing and Economic Development Info. Tech.$2,827,920$3,194,089$3,106,655
Advanced Manufacturing Workforce Development Grants$2,753,660$2,500,000$2,790,000
Local Capital Projects Program$0$0$0
Advanced Manufacturing Futures Program$0$0$0
Mass. Life Sciences Center$0$0$0
Manufacturing College$0$0$0
Innovation Institute$2,559,163$750,000$2,500,000
International Trade$0$0$0
Military Base Promotion$0$0$0
Urban Agenda Economic Development Grants$665,382$2,000,000$0
Community Compact Grants$0$0$0
Small Business Technical Assistance Grant Program$2,047,331$2,000,000$2,100,000
Wireless Broadband Affairs Director$0$0$0
Executive Office of Labor and Workforce Development$0$0$0
Apprentice Training Program$0$0$0
Labor and Workforce Development Info. Technology$0$0$0
Division of Occupational Safety$0$0$0
Asbestos Abatement and Deleading Services Revenue$0$0$0
Occupational Hygiene Program$0$0$0
Division of Industrial Accidents$0$0$0
Labor Relations Commission$0$0$0
Joint Labor-Management Committee$0$0$0
Board of Conciliation and Arbitration$0$0$0
Division of Labor Relations$0$0$0
Arbitration and Mediation Retained Revenue$0$0$0
Workforce Competitiveness Trust Fund$767,749$0$0
Learn to Earn$255,916$950,000$0
Downtown Regional Grant Program$0$500,000$0
MassVentures Operations$0$0$0
Transformative Development Fund$255,916$250,000$250,000
Massachusetts Cybersecurity Innovation Fund$0$0$1,250,000
Working Cities Tech Assistance Grants$563,016$0$0
Parking Management Plan Grants$0$0$0
Mass. Tech. Collaborative Tech and Innovation Entrepreneurs$1,612,273$1,075,000$0
Entrepreneur in Residence Pilot Program$51,183$50,000$0
Big Data Innovation and Workforce Fund$511,833$500,000$0
North Shore InnoVentures$0$0$0
Digital Health Internship Incentive Fund$0$0$0
Electricity Deregulation Supplemental Unemployment Insurance$0$0$0
Executive Office of Labor and Workforce Development$938,969$775,183$850,183
Labor and Workforce Development Shared Services$0$8,646,607$9,555,056
Demonstration Workforce Development Program$511,833$500,000$500,000
Registered Apprenticeship Expansion$511,833$3,406,025$500,000
Labor and Workforce Development Info. Technology$0$0$0
Department of Labor Standards$3,472,244$5,463,121$3,874,672
Dept. of Labor Standards Licensing Fees Revenue$463,567$452,850$452,850
Department of Family and Medical Leave$1,535,498$0$0
Re-Employment Assistance$0$0$0
Department of Industrial Accidents$20,485,391$20,727,429$20,727,429
Economic Stabilization Trust$0$0$0
Manufacturing Assistance$0$0$0
Direct Care Workforce Development Contract$0$0$0
Summer Jobs Program$0$0$0
Health Care Career Ladder Programs$0$0$0
Mass. Manufacturing Extension Partnership$0$0$0
Massachusetts Manufacturing Extension Partnership$2,047,331$0$2,000,000
Health Care Worker Training$204,733$0$200,000
Commonwealth Corporation Grants$0$0$0
Workforce Training Fund$0$0$0
Individual Training Grants$0$0$0
Racetrack Employee Re-Training$0$0$0
MassHire Department of Career Services$0$2,064,979$2,064,979
Just-A-Start Biotech Training$0$0$0
One Stop Career Centers$4,156,133$3,960,051$3,960,051
Mass. Workforce Professionals Association$0$0$0
Welfare-To-Work Skills Plus$0$0$0
Department of Labor Relations$2,678,202$3,171,568$3,137,167
Arbitration and Mediation Retained Revenue$0$0$0
Summer Jobs Program for At-Risk Youth$0$0$0
Joint Labor Management Committee for Municipal Police and Fire$255,916$271,835$271,835
Workforce Development Initiative$0$0$0
Massachusetts Service Alliance$3,316,676$1,400,000$1,400,000
AFL-CIO Workforce Development Programs$0$0$150,000
Small Business Association Layoff Aversion Program$0$0$0
Workforce Development Tracking$0$0$0
DES Youth Service And Conservation Corps$0$0$0
Commonwealth Development Coordinating Council$0$0$0
Grants to Municipalities$0$0$0
Municipal Economic Development$0$0$0
Community Development Action Grant$0$0$0
Quincy Center Revitalization$0$0$0
Economic Grants to Municipalities$0$0$0
Management Incentive Grants$0$0$0
Community Investment Grant Program$0$0$0
Grant to Worcester - CitySquare Project$0$0$0
Worcester Medical City Grant$0$0$0
Non-Fed Aided Urban Renewal$0$0$0
Urban Revitalization and Development$0$0$0
Office of Consumer Affairs and Business Regulation$1,135,132$1,286,794$1,235,935
Comprehensive Document Imaging System$0$0$0
Precision Manufacturing Pilot$0$0$0
Department of Business and Technology$0$0$0
Mystic Valley Economic Development$0$0$0
Regional Economic Development Grants$1,023,665$1,000,000$1,000,000
Mass. Opportunity Relocation and Expansion Program$0$0$0
BRAC Program MBDC$0$0$0
Brownfields Redevelopment Fund$0$0$0
Mass. Business to Business Program$0$0$0
Massachusetts Office of Business Development$1,663,254$1,772,787$1,972,787
In-State Sales Force$0$0$0
Office of Small Business and Entrepreneurship$0$0$0
Manufacturing Initiatives$0$0$0
Mass. Manufacturing Extension Partnership$0$0$0
Mass. Office of Business Development Grants$0$0$0
Biotechnology Research Institute$511,833$500,000$500,000
Mass. Manufacturing Extension Partnership$0$0$0
Economic Development Grants$0$0$0
Devens Progress Review$0$0$0
Small Business Development Center at UMass$1,202,152$1,426,222$1,186,222
Microlending$307,100$300,000$400,000
Year Up$0$0$0
Mass. Office of Travel and Tourism$0$0$0
Mass. Sports and Entertainment Commission$0$0$0
UMass Boston Venture Development Center$0$0$0
Local Travel and Tourism Grants$0$0$0
Commonwealth Zoological Corporation$0$0$0
Commonwealth Zoological Corporation$4,785,635$4,000,000$4,050,000
Mass. Office of Travel and Tourism Competitive Grants$0$0$0
Mass. Film Office$0$0$0
Local Tourist Councils Financial Assistance$0$0$0
MassDevelopment Reserve II$0$0$0
Business Export Grants$0$0$0
Mass. Technology Collab./Mass. Technology Park Corp.$0$0$0
Mass. Tech. Collab. Computer Science Education$870,115$0$0
Mass. International Trade Council$0$0$0
MassDevelopment Reserve$0$0$0
State Office of Minority and Women Business Assistance$0$0$0
Small Business Association Layoff Aversion Grant Program$255,916$250,000$250,000
Mass. Office of Travel and Tourism$0$0$0
Mass. Technology Development Corporation$0$0$0
Mass. Technology Park Corporation$0$0$0
Westfield - Engineering and Infrastructure Improvements$0$0$0
Massachusetts Office of Travel and Tourism$5,326,205$5,024,984$5,024,984
Anniversary Celebrations$0$0$0
Local Tourist Councils Financial Assistance$6,510,353$7,292,713$7,292,713
Mass Office of Travel and Tourism International Marketing$0$0$0
Massachusetts Restaurant Commission$0$0$0
Local Economic Development Projects$11,653,917$0$4,799,800
Massachusetts International Trade Council$121,850$122,273$122,273
Alternative and Clean Energy Investment Trust$0$0$0
Brownfields Redevelopment Fund$0$0$0
Emerging Technologies Fund$0$0$0
Mass. Research Center Matching Fund$0$0$0
Smart Growth Housing Trust$0$0$0
Race Horse Development Fund Tax Transfer$15,916,087$19,435,083$19,435,083
Workforce Training Fund (Transfer)$24,567,967$24,500,000$24,517,218
Mass Cultural Council Tax Transfer$1,227,871$4,309,042$4,309,042