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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
FY21 Gov$1,016,100,000$1,016,100,000
FY20$977,307,438$954,150,000
FY19$922,504,744$882,100,000
FY18$903,715,453$846,589,256
FY17$891,502,636$816,795,000
FY16$893,688,160$803,900,000
FY15$863,445,499$771,500,000
FY14$825,086,034$732,032,000
FY13$780,998,011$682,300,000
FY12$789,322,935$678,143,400
FY11$772,013,761$644,348,851
FY10$708,872,782$580,140,715
FY09$866,215,109$702,000,000
FY08$794,164,044$634,719,076
FY07$722,800,148$557,019,076
FY06$650,654,097$488,719,076
FY05$546,740,916$395,719,076
FY04$784,663,895$551,356,767
FY03$555,479,831$381,893,039
FY02$537,398,320$361,498,199
FY01$492,369,648$325,445,384
  • See Changes in Funding
Between and
Funding for K-12: School Building
23.1%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY21 Gov$1,016,100,000$1,016,100,000
FY20$977,307,438$954,150,000

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY18FY19FY20FY21 Gov
School Modernization and Reconstruction Trust (SMART) Tax Transfer$903,715,453$922,504,744$977,307,438$1,016,100,000
FY18FY19FY20FY21 Gov
School Modernization and Reconstruction Trust$0$0$0$0
School Building Racial Imbalance Elimination$0$0$0$0
School Building First Annual Payments$0$0$0$0
School Building Annual Reimbursements$0$0$0$0
School Building Engineering and Architecture$0$0$0$0
School Building Emergency Repairs$0$0$0$0
School Modernization and Reconstruction Trust (SMART) Tax Transfer$903,715,453$922,504,744$977,307,438$1,016,100,000