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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
FY22 Gov$1,168,119,046$55,877,878$1,223,996,924
FY21$1,145,868,297$55,267,174$1,201,135,472
FY20$1,159,948,861$57,896,584$1,217,845,445
FY19$1,147,329,518$45,867,050$1,193,196,568
FY18$1,131,530,917$41,499,366$1,173,030,283
FY17$1,113,484,809$37,204,117$1,150,688,926
FY16$1,087,431,939$43,077,104$1,130,509,043
FY15$1,056,586,023$41,296,521$1,097,882,544
FY14$1,035,431,680$74,006,855$1,109,438,534
FY13$1,027,260,245$37,994,607$1,065,254,852
FY12$1,044,573,749$43,538,416$1,088,112,166
FY11$1,075,251,130$31,375,535$1,106,626,665
FY10$1,142,272,303$34,702,256$1,176,974,559
FY09$1,461,909,707$39,285,561$1,501,195,268
FY08$1,642,263,607$38,096,428$1,680,360,036
FY07$1,683,756,119$36,012,122$1,719,768,241
FY06$1,516,658,770$24,720,632$1,541,379,402
FY05$1,539,470,561$21,378,737$1,560,849,298
FY04$1,479,171,020$88,794,636$1,567,965,656
FY03$1,612,168,255$16,990,829$1,629,159,084
FY02$1,863,446,826$24,389,532$1,887,836,358
FY01$1,901,685,507$29,610,955$1,931,296,462
General Local AidOther Local AidTotals
FY22 Gov$1,168,119,046$55,877,878$1,223,996,924
FY21$1,145,868,297$55,267,174$1,201,135,472
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