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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
FY23 SWM$1,128,683,055$1,559,374,952$5,998,209,887$1,053,162,954$1,165,100,000$10,904,530,848
FY22$974,316,279$1,430,430,522$5,675,031,680$1,113,050,755$1,038,400,835$10,231,230,072
FY21$957,375,114$1,440,845,365$5,602,612,182$922,680,670$1,040,832,184$9,964,345,515
FY20$771,581,438$1,419,343,918$5,625,535,999$874,187,755$1,034,918,043$9,725,567,153
FY19$686,601,112$1,350,015,790$5,423,445,353$760,544,421$971,853,710$9,192,460,386
FY18$627,087,378$1,318,422,627$5,355,015,389$700,806,000$952,024,897$8,953,356,290
FY17$652,595,351$1,346,777,320$5,321,478,368$698,484,466$939,184,126$8,958,519,632
FY16$667,307,456$1,372,312,321$5,288,024,274$738,364,893$941,535,156$9,007,544,101
FY15$636,860,414$1,310,587,484$5,188,971,221$695,938,414$909,591,649$8,741,949,183
FY14$612,470,266$1,250,676,535$5,109,753,498$732,139,135$869,234,614$8,574,274,048
FY13$601,867,942$1,136,338,511$5,034,080,824$689,671,578$822,787,536$8,284,746,391
FY12$621,511,151$1,093,656,350$4,896,957,852$625,400,096$831,557,909$8,069,083,357
FY11$656,658,918$1,191,945,980$5,142,107,067$532,793,235$813,322,558$8,336,827,757
FY10$664,022,893$1,306,805,178$5,203,211,693$552,699,227$746,803,041$8,473,542,032
FY09$740,299,110$1,235,746,040$5,138,905,247$749,143,212$912,564,417$8,776,658,026
FY08$726,604,877$1,345,328,747$4,918,261,736$756,471,330$836,658,055$8,583,324,745
FY07$697,602,952$1,516,062,242$4,798,389,927$737,418,023$761,475,631$8,510,948,775
FY06$666,045,059$1,277,432,535$4,622,635,429$703,358,184$685,469,199$7,954,940,407
FY05$655,653,172$1,218,313,731$4,643,482,617$627,442,379$575,995,847$7,720,887,746
FY04$670,837,722$1,120,364,828$4,675,005,809$451,908,290$826,649,573$7,744,766,224
FY03$713,526,642$1,311,659,111$4,993,954,506$567,514,004$585,202,362$8,171,856,625
FY02$793,424,200$1,412,357,416$5,041,401,805$717,707,109$566,153,349$8,531,043,879
FY01$835,154,188$1,544,296,448$4,772,793,116$782,245,577$518,715,290$8,453,204,619
Early Education & CareHigher EducationK-12: Chapter 70 AidK-12: Non-Chapter 70 AidK-12: School BuildingTotals
FY23 SWM$1,128,683,055$1,559,374,952$5,998,209,887$1,053,162,954$1,165,100,000$10,904,530,848
FY23 Hou$912,181,282$1,559,570,182$5,998,209,887$1,193,254,620$1,165,100,000$10,828,315,971
FY23 HWM$912,081,282$1,557,970,182$5,998,209,887$1,188,003,620$1,165,100,000$10,821,364,971
FY23 Gov$820,279,682$1,454,790,463$5,988,520,366$987,763,636$1,165,100,000$10,416,454,147
FY22$974,316,279$1,430,430,522$5,675,031,680$1,113,050,755$1,038,400,835$10,231,230,072
FY22 GAA$838,552,629$1,426,982,534$5,675,031,680$931,028,803$1,038,400,835$9,909,996,482

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