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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: School Building

funding levels adjusted for inflation (CPI)

  • Funding History
Adjusted for inflation (CPI) NOT adjusted
FY19$882,100,000$882,100,000
FY18$867,358,623$846,589,256
FY17$855,648,039$816,795,000
FY16$857,763,267$803,900,000
FY15$828,721,931$771,500,000
FY14$791,960,917$732,032,000
FY13$749,606,550$682,300,000
FY12$757,596,862$678,143,400
FY11$740,983,413$644,348,851
FY10$680,380,325$580,140,715
FY09$831,398,429$702,000,000
FY08$762,243,387$634,719,076
FY07$693,747,894$557,019,076
FY06$624,501,684$488,719,076
FY05$524,765,193$395,719,076
FY04$753,125,087$551,356,767
FY03$533,152,855$381,893,039
FY02$515,798,114$361,498,199
FY01$472,579,326$325,445,384
  • See Changes in Funding
Between and
Funding for K-12: School Building
15.7%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY19 GAA$862,600,000$862,600,000
FY19 Leg$862,600,000$862,600,000
FY19 Sen$862,600,000$862,600,000
FY19 SWM$862,600,000$862,600,000
FY19 Hou$862,600,000$862,600,000
FY19 HWM$862,600,000$862,600,000
FY19 Gov$862,600,000$862,600,000
FY18$867,358,623$846,589,256

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY15FY16FY17FY18FY19
School Modernization and Reconstruction Trust (SMART) Tax Transfer$828,721,931$857,763,267$855,648,039$867,358,623$882,100,000
FY15FY16FY17FY18FY19
School Modernization and Reconstruction Trust$0$0$0$0$0
School Building Racial Imbalance Elimination$0$0$0$0$0
School Building First Annual Payments$0$0$0$0$0
School Building Annual Reimbursements$0$0$0$0$0
School Building Engineering and Architecture$0$0$0$0$0
School Building Emergency Repairs$0$0$0$0$0
School Modernization and Reconstruction Trust (SMART) Tax Transfer$828,721,931$857,763,267$855,648,039$867,358,623$882,100,000