Budget Browser
School Modernization and Reconstruction Trust (SMART) Fund and Related Programs T10-62
funding levels adjusted for inflation (CPI)
![](https://massbudget.org/wp-content/themes/astra-child/browser-assets/images/download_icon.png)
Adjusted for inflation (CPI) | NOT adjusted | |
---|---|---|
FY23 | $1,227,071,345 | $1,165,100,000 |
FY23 GAA | $1,227,071,345 | $1,165,100,000 |
FY22 | $1,180,433,812 | $1,075,900,000 |
FY22 GAA | $1,112,839,071 | $1,014,291,140 |
FY21 | $1,154,094,693 | $981,576,895 |
FY20 | $1,147,526,361 | $954,150,000 |
FY19 | $1,077,640,950 | $882,100,000 |
FY18 | $1,055,700,029 | $846,589,256 |
FY17 | $1,041,379,025 | $816,795,000 |
FY16 | $1,044,006,526 | $803,900,000 |
FY15 | $1,008,586,468 | $771,500,000 |
FY14 | $963,837,201 | $732,032,000 |
FY13 | $912,335,085 | $682,300,000 |
FY12 | $922,034,039 | $678,124,324 |
FY11 | $901,839,992 | $644,348,851 |
FY10 | $828,080,867 | $580,140,715 |
FY09 | $1,011,882,776 | $702,000,000 |
FY08 | $927,687,311 | $634,700,000 |
FY07 | $844,321,423 | $557,000,000 |
FY06 | $760,042,129 | $488,700,000 |
FY05 | $638,653,195 | $395,700,000 |
FY04 | $0 | $0 |
FY03 | $0 | $0 |
FY02 | $0 | $0 |
FY01 | $0 | $0 |
comparisons adjusted for inflation (CPI)
Funding for School Modernization and Reconstruction Trust (SMART) Fund and Related Programs |
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comparisons adjusted for inflation (CPI)
Notes
- In FY19, the budget includes a transfer of $3.7 million from marijuana tax revenues into the school building assistance (SMART) trust.
- From FY01-FY04, school building assistance was funded in several line items. In FY04, funding for school building assistance was consolidated into an off-budget "pre-budget transfer" of a portion of the sales tax to the School Modernization and Reconstruction Trust. All of these line items and the pre-budget transfer are grouped together.
* Funding and comparison information includes all line-items listed above. Download the spreadsheet to see funding levels for individual line-items.
![](https://massbudget.org/wp-content/themes/astra-child/browser-assets/images/download_icon.png)
Adjusted for inflation (CPI) | NOT adjusted | |
---|---|---|
FY25 Sen | $1,305,440,000 | $1,305,440,000 |
FY25 SWM | $1,305,440,000 | $1,305,440,000 |
FY25 House | $1,305,440,000 | $1,305,440,000 |
FY25 HWM | $1,305,440,000 | $1,305,440,000 |
FY25 Gov | $1,305,440,000 | $1,305,440,000 |
Notes
- In FY19, the budget includes a transfer of $3.7 million from marijuana tax revenues into the school building assistance (SMART) trust.
- From FY01-FY04, school building assistance was funded in several line items. In FY04, funding for school building assistance was consolidated into an off-budget "pre-budget transfer" of a portion of the sales tax to the School Modernization and Reconstruction Trust. All of these line items and the pre-budget transfer are grouped together.
* Funding information includes all line-items listed above. Download the spreadsheet to see funding levels for individual line-items.