Line Item - Mass. Budget and Policy Center

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.

funding levels adjusted for inflation (Government Purchases)

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	Adjusted for inflation (Government Purchases)	NOT adjusted
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FY24 Leg	$163,541,978	$175,650,000
FY23	$169,337,592	$170,124,350
FY22	$136,119,153	$133,348,193
FY21	$128,709,355	$115,485,795
FY20	$121,325,484	$106,100,000
FY19	$119,867,291	$103,386,798
FY18	$114,643,294	$95,853,324
FY17	$118,417,824	$95,632,559
FY16	$119,984,332	$95,607,756
FY15	$117,160,711	$93,607,756
FY14	$114,621,281	$90,607,756
FY13	$114,152,687	$87,607,756
FY12	$117,370,458	$87,607,756
FY11	$123,122,841	$89,507,756
FY10	$126,123,339	$88,857,735
FY09	$138,796,146	$96,875,218
FY08	$137,883,500	$94,311,051
FY07	$137,891,218	$89,430,706
FY06	$137,117,292	$84,673,454
FY05	$140,736,459	$82,373,454
FY04	$148,828,651	$82,414,415
FY03	$170,825,411	$91,603,455
FY02	$178,987,105	$93,056,268
FY01	$196,592,597	$100,057,376

comparisons adjusted for inflation (Government Purchases)

Between and

Funding for Massachusetts State Scholarship Program
13.9%

comparisons adjusted for inflation (Government Purchases)

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	Adjusted for inflation (Government Purchases)	NOT adjusted
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FY25 Sen	$175,188,311	$175,188,311
FY25 SWM	$175,188,311	$175,188,311
FY25 House	$171,833,311	$171,833,311
FY25 HWM	$175,188,311	$175,188,311
FY25 Gov	$175,188,311	$175,188,311