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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.
License Plate Sales Retained Revenue 4180-1100

funding levels adjusted for inflation (CPI)

  • Funding History
  • Proposals
Adjusted for inflation (CPI) NOT adjusted
FY23 Current $600,000 $600,000
FY22 $625,957 $600,000
FY21 $669,826 $600,000
FY20 $685,158 $600,000
FY19 $811,984 $700,000
FY18 $592,013 $500,000
FY17 $726,341 $600,000
FY16 $739,854 $600,000
FY15 $744,769 $600,000
FY14 $750,098 $600,000
FY13 $552,283 $435,000
FY12 $0 $0
FY11 $478,414 $360,000
FY10 $448,142 $330,661
FY09 $411,494 $300,661
FY08 $417,257 $300,661
FY07 $432,736 $300,661
FY06 $372,864 $252,500
FY05 $317,222 $207,000
FY04 $326,753 $207,000
FY03 $333,960 $207,000
FY02 $258,874 $157,000
FY01 $263,458 $157,000

comparisons adjusted for inflation (CPI)

  • See Changes in Funding
Between and
Funding for License Plate Sales Retained Revenue
43.8%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY23 GAA $600,000 $600,000
FY23 Leg $600,000 $600,000
FY23 Sen $600,000 $600,000
FY23 SWM $600,000 $600,000
FY23 Hou $600,000 $600,000
FY23 HWM $600,000 $600,000
FY23 Gov $600,000 $600,000
FY22 $625,957 $600,000
FY22 GAA $625,957 $600,000

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