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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.
State University Incentive Grants 7066-1400

funding levels adjusted for inflation (Government Purchases)

  • Funding History
  • Proposals
Adjusted for inflation (Government Purchases) NOT adjusted
FY24 Leg $9,143,506 $9,820,456
FY23 $8,959,717 $9,001,345
FY22 $5,955,505 $5,834,270
FY21 $6,096,191 $5,469,870
FY20 $3,001,160 $2,624,536
FY19 $2,901,632 $2,502,688
FY18$0$0
FY17 $3,068,291 $2,477,908
FY16 $6,977,738 $5,560,108
FY15 $10,073,955 $8,048,776
FY14$0$0
FY13$0$0
FY12 $0 $0
FY11 $0 $0
FY10 $0 $0
FY09$0$0
FY08 $0 $0
FY07 $0 $0
FY06 $0 $0
FY05 $0 $0
FY04 $0 $0
FY03 $0 $0
FY02 $0 $0
FY01 $0 $0

comparisons adjusted for inflation (Government Purchases)

  • See Changes in Funding
Between and
Funding for State University Incentive Grants
N/A

comparisons adjusted for inflation (Government Purchases)

Notes

  • In FY20, the budget uses $2.9 million that in the past would have been available for State University Incentive Grants (7066-1400) and shifts it to the individual state universites. The budget also take funding that in the past supported centralized funding for community colleges (7100-4000) and distributes it to the individual campuses.
Adjusted for inflation (Government Purchases) NOT adjusted
FY25 Sen $3,655,242 $3,655,242
FY25 SWM $3,655,242 $3,655,242
FY25 House $7,311,484 $7,311,484
FY25 HWM $7,311,484 $7,311,484
FY25 Gov $3,655,242 $3,655,242

Notes

  • In FY20, the budget uses $2.9 million that in the past would have been available for State University Incentive Grants (7066-1400) and shifts it to the individual state universites. The budget also take funding that in the past supported centralized funding for community colleges (7100-4000) and distributes it to the individual campuses.
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