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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.
Regional Economic Development Grants 7007-0150

funding levels adjusted for inflation (cpi)

  • Funding History
  • Proposals
Adjusted for inflation (cpi) NOT adjusted
FY25 Sen $2,000,000 $2,000,000
FY24 $1,982,474 $2,000,000
FY23 $2,867,660 $2,722,833
FY22 $5,789,893 $5,277,167
FY21 $7,054,535 $6,000,000
FY20 $1,202,669 $1,000,000
FY19 $1,221,677 $1,000,000
FY18 $374,101 $300,000
FY17 $509,983 $400,000
FY16 $779,206 $600,000
FY15 $849,749 $650,000
FY14 $1,119,161 $850,000
FY13 $1,136,575 $850,000
FY12 $611,857 $450,000
FY11 $1,119,692 $800,000
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 (cpi)

  • See Changes in Funding
Between and
Funding for Regional Economic Development Grants
N/A

comparisons adjusted for inflation (cpi)

Adjusted for inflation (cpi) NOT adjusted
FY25 Sen $2,000,000 $2,000,000
FY25 SWM $2,000,000 $2,000,000
FY25 House $1,000,000 $1,000,000
FY25 HWM $1,000,000 $1,000,000
FY25 Gov $1,000,000 $1,000,000
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