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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 (CPI)

  • Funding History
Adjusted for inflation (CPI) NOT adjusted
FY21 Gov$5,479,534,540$5,479,534,540
FY20$5,242,336,249$5,186,502,652
FY19$5,054,314,135$4,922,573,321
FY18$4,990,841,921$4,761,953,715
FY17$4,959,257,883$4,628,013,618
FY16$4,928,140,586$4,515,012,199
FY15$4,835,678,519$4,401,196,186
FY14$4,761,854,359$4,303,214,591
FY13$4,691,333,882$4,174,532,545
FY12$4,563,546,970$3,993,515,799
FY11$4,792,005,125$4,073,796,736
FY10$4,848,949,424$4,042,022,844
FY09$4,789,021,302$3,953,158,171
FY08$4,583,400,373$3,731,171,328
FY07$4,471,690,073$3,510,020,040
FY06$4,307,901,873$3,295,801,062
FY05$4,327,329,674$3,190,152,601
FY04$4,356,706,600$3,118,124,259
FY03$4,653,939,577$3,258,969,179
FY02$4,698,156,412$3,219,017,737
FY01$4,447,836,028$2,994,481,788
  • See Changes in Funding
Between and
Funding for K-12: Chapter 70 Aid
14.4%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY21 Gov$5,479,534,540$5,479,534,540
FY20$5,242,336,249$5,186,502,652

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY18FY19FY20FY21 Gov
Chapter 70 Aid$4,975,120,931$5,038,912,696$5,231,723,214$5,479,534,540
Education Reform Reserve$15,720,990$15,401,439$0$0
Low-Income Student Supports$0$0$10,613,034$0
FY18FY19FY20FY21 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$4,975,120,931$5,038,912,696$5,231,723,214$5,479,534,540
Supplemental School Aid to Cities/Towns$0$0$0$0
Education Reform Reserve$15,720,990$15,401,439$0$0
Low-Income Student Supports$0$0$10,613,034$0
Professional Development Grants$0$0$0$0