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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.
Local Aid

funding levels adjusted for inflation (CPI)

  • Funding History
General Local AidOther Local AidTotals
FY24 Gov$1,255,821,423$87,197,936$1,343,019,359
FY23 Current$1,306,250,337$85,840,154$1,392,090,491
FY22$1,292,942,672$100,378,662$1,393,321,334
FY21$1,338,709,370$64,568,227$1,403,277,597
FY20$1,369,352,322$68,348,549$1,437,700,871
FY19$1,354,425,141$54,146,158$1,408,571,299
FY18$1,335,753,047$48,989,298$1,384,742,345
FY17$1,314,433,443$43,918,278$1,358,351,721
FY16$1,283,688,709$50,851,544$1,334,540,253
FY15$1,247,314,549$48,751,119$1,296,065,668
FY14$1,222,341,551$87,366,125$1,309,707,676
FY13$1,212,695,058$44,853,164$1,257,548,222
FY12$1,233,133,891$51,397,708$1,284,531,600
FY11$1,269,348,968$37,039,257$1,306,388,224
FY10$1,348,468,397$40,966,498$1,389,434,895
FY09$1,725,804,814$46,377,153$1,772,181,967
FY08$1,938,715,111$44,973,365$1,983,688,477
FY07$1,987,697,601$42,512,813$2,030,210,413
FY06$1,790,436,848$29,183,052$1,819,619,899
FY05$1,817,366,485$25,237,897$1,842,604,382
FY04$1,746,182,036$104,823,307$1,851,005,343
FY03$1,903,187,128$20,057,911$1,923,245,039
FY02$2,199,824,988$28,792,183$2,228,617,171
FY01$2,244,966,285$34,956,146$2,279,922,431
General Local AidOther Local AidTotals
FY24 Gov$1,255,821,423$87,197,936$1,343,019,359
FY23 Current$1,306,250,337$85,840,154$1,392,090,491
FY23 GAA$1,306,250,337$85,840,154$1,392,090,491
FY23 Leg$1,306,250,337$85,840,154$1,392,090,491
FY23 Sen$1,306,250,337$70,882,369$1,377,132,706
FY23 SWM$1,306,250,337$70,293,537$1,376,543,874
FY23 Hou$1,272,788,516$69,363,457$1,342,151,974
FY23 HWM$1,272,788,516$67,883,419$1,340,671,936
FY23 Gov$1,272,788,516$67,786,924$1,340,575,440
FY22 GAA$1,292,942,672$67,283,588$1,360,226,260

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