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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.
Education

funding levels adjusted for inflation (CPI)

  • Funding History
Early Education & CareHigher EducationK-12: Chapter 70 AidK-12: Non-Chapter 70 AidK-12: School BuildingTotals
FY22$951,694,506$1,397,218,642$5,543,268,224$930,228,831$1,014,291,140$9,836,701,343
FY21$916,671,433$1,379,586,502$5,364,411,985$883,452,055$996,580,249$9,540,702,223
FY20$731,113,082$1,344,901,335$5,330,484,585$828,337,842$980,638,054$9,215,474,898
FY19$650,628,799$1,279,285,945$5,139,300,935$720,698,080$920,936,482$8,710,850,242
FY18$594,268,853$1,249,423,174$5,074,761,455$664,129,422$902,200,815$8,484,783,719
FY17$618,401,003$1,276,209,590$5,042,646,340$661,885,644$889,973,249$8,489,115,826
FY16$632,349,886$1,300,422,363$5,011,005,816$699,684,907$892,211,892$8,535,674,863
FY15$603,479,097$1,241,892,468$4,916,989,026$659,460,498$861,915,005$8,283,736,095
FY14$580,367,370$1,185,121,778$4,841,923,534$693,763,742$823,673,301$8,124,849,725
FY13$570,320,770$1,076,776,831$4,770,217,276$653,522,141$779,660,767$7,850,497,786
FY12$588,934,372$1,036,331,874$4,640,281,665$592,619,477$787,971,437$7,646,138,825
FY11$622,239,853$1,129,469,610$4,872,581,277$504,866,645$770,691,900$7,899,849,285
FY10$629,217,843$1,238,308,413$4,930,483,077$523,729,255$707,659,033$8,029,397,622
FY09$701,496,008$1,170,973,871$4,869,547,281$709,876,543$864,731,954$8,316,625,658
FY08$688,519,565$1,274,812,753$4,660,468,897$716,820,554$792,804,257$8,133,426,026
FY07$661,037,789$1,436,597,177$4,546,880,221$698,765,935$721,562,553$8,064,843,674
FY06$631,134,016$1,210,475,351$4,380,337,972$666,491,358$649,540,032$7,537,978,728
FY05$621,286,824$1,154,455,284$4,400,092,445$594,554,712$545,804,773$7,316,194,039
FY04$635,675,470$1,061,640,416$4,429,963,336$428,221,320$783,320,375$7,338,820,916
FY03$676,126,831$1,242,907,926$4,732,194,197$537,767,509$554,528,725$7,743,525,187
FY02$751,836,524$1,338,328,085$4,777,154,525$680,088,177$536,478,174$8,083,885,484
FY01$791,379,217$1,463,351,475$4,522,625,078$741,243,833$491,526,601$8,010,126,203
Early Education & CareHigher EducationK-12: Chapter 70 AidK-12: Non-Chapter 70 AidK-12: School BuildingTotals
FY22 GAA$819,083,030$1,393,850,710$5,543,268,224$909,412,083$1,014,291,140$9,679,905,187
FY21$916,671,433$1,379,586,502$5,364,411,985$883,452,055$996,580,249$9,540,702,223

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