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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$5,312,380,256$5,186,502,652
FY19$5,148,052,648$4,922,573,321
FY18$5,083,281,093$4,761,953,715
FY17$5,051,311,942$4,628,013,618
FY16$5,019,297,108$4,515,012,199
FY15$4,925,720,073$4,401,196,186
FY14$4,850,228,212$4,303,214,591
FY13$4,778,398,966$4,174,532,545
FY12$4,648,240,494$3,993,515,799
FY11$4,880,938,537$4,073,796,736
FY10$4,938,939,649$4,042,022,844
FY09$4,877,899,338$3,953,158,171
FY08$4,668,462,350$3,731,171,328
FY07$4,554,678,852$3,510,020,040
FY06$4,387,850,956$3,295,801,062
FY05$4,407,639,311$3,190,152,601
FY04$4,437,561,435$3,118,124,259
FY03$4,740,310,671$3,258,969,179
FY02$4,785,348,113$3,219,017,737
FY01$4,530,382,107$2,994,481,788
  • See Changes in Funding
Between and
Funding for K-12: Chapter 70 Aid
13.8%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY21 Gov$5,479,534,540$5,479,534,540
FY20$5,312,380,256$5,186,502,652

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY18FY19FY20FY21 Gov
Chapter 70 Aid$5,067,268,923$5,132,365,570$5,301,625,418$5,479,534,540
Education Reform Reserve$16,012,171$15,687,078$0$0
Low-Income Student Supports$0$0$10,754,837$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$5,067,268,923$5,132,365,570$5,301,625,418$5,479,534,540
Supplemental School Aid to Cities/Towns$0$0$0$0
Education Reform Reserve$16,012,171$15,687,078$0$0
Low-Income Student Supports$0$0$10,754,837$0
Professional Development Grants$0$0$0$0