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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.
Low-Income Housing Tax Credit Fee Retained Revenue 7004-9315

funding levels adjusted for inflation (CPI)

  • Funding History
  • Proposals
Adjusted for inflation (CPI) NOT adjusted
FY23 Current $2,678,937 $2,678,937
FY22 $2,710,565 $2,598,163
FY21 $2,900,527 $2,598,163
FY20 $2,765,173 $2,421,491
FY19 $2,748,450 $2,369,399
FY18 $2,805,430 $2,369,399
FY17 $2,944,188 $2,432,072
FY16 $3,125,885 $2,535,003
FY15 $3,146,655 $2,535,003
FY14 $3,169,170 $2,535,003
FY13 $3,218,480 $2,535,003
FY12 $3,000,127 $2,323,853
FY11 $3,088,236 $2,323,853
FY10 $3,149,499 $2,323,853
FY09 $3,187,834 $2,329,213
FY08 $3,239,142 $2,334,014
FY07 $3,202,916 $2,225,356
FY06 $4,392,620 $2,974,644
FY05 $0 $0
FY04 $2,367,773 $1,500,000
FY03 $1,613,334 $1,000,000
FY02 $1,648,876 $1,000,000
FY01 $1,678,074 $1,000,000

comparisons adjusted for inflation (CPI)

  • See Changes in Funding
Between and
Funding for Low-Income Housing Tax Credit Fee Retained Revenue
17.3%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY23 GAA $2,678,937 $2,678,937
FY23 Leg $2,678,937 $2,678,937
FY23 Sen $2,678,937 $2,678,937
FY23 SWM $2,678,937 $2,678,937
FY23 Hou $2,678,936 $2,678,936
FY23 HWM $2,678,936 $2,678,936
FY23 Gov $2,678,937 $2,678,937
FY22 $2,710,565 $2,598,163
FY22 GAA $2,710,565 $2,598,163

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