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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
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Northern Essex Community College 7510-0100

funding levels adjusted for inflation (CPI)

  • Funding History
  • Proposals
Adjusted for inflation (CPI) NOT adjusted
FY25 Gov $26,419,658 $26,419,658
FY24 $23,335,787 $23,542,083
FY23 $24,250,761 $23,026,014
FY22 $24,312,951 $22,159,907
FY21 $25,585,005 $21,760,476
FY20 $25,188,975 $20,944,234
FY19 $24,380,554 $19,956,635
FY18 $24,287,037 $19,476,313
FY17 $24,403,906 $19,140,954
FY16 $24,315,085 $18,722,964
FY15 $23,322,546 $17,840,160
FY14 $22,853,735 $17,357,356
FY13 $21,297,258 $15,927,393
FY12 $21,852,078 $16,071,452
FY11 $24,345,271 $17,394,269
FY10 $26,950,110 $18,880,832
FY09 $26,105,359 $18,110,756
FY08 $26,632,929 $18,221,571
FY07 $25,607,275 $16,893,155
FY06 $24,506,466 $15,757,429
FY05 $23,288,911 $14,429,462
FY04 $23,620,001 $14,207,724
FY03 $28,570,592 $16,814,666
FY02 $30,588,162 $17,614,032
FY01 $28,387,619 $16,062,434

comparisons adjusted for inflation (CPI)

  • See Changes in Funding
Between and
Funding for Northern Essex Community College
12.4%

comparisons adjusted for inflation (CPI)

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.
  • In order to make the most accurate year-to-year comparisons, consider both campus appropriations and funding for the campuses included in collective bargaining reserves.
  • From FY01-FY11, with only a few exceptions, higher education campuses did not retain tuition collected from any of their students; instead, these funds were remitted back to the state treasury. Starting in FY12, all public higher education campuses were allowed to retain out-of-state tuition payments, remitting only in-state tuition. In order to allow for more accurate comparisons of net state appropriations across years, MassBudget deducts the amount of tuition remitted back to the state for each campus for each year.
Adjusted for inflation (CPI) NOT adjusted
FY25 Gov $26,419,658 $26,419,658

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.
  • In order to make the most accurate year-to-year comparisons, consider both campus appropriations and funding for the campuses included in collective bargaining reserves.
  • From FY01-FY11, with only a few exceptions, higher education campuses did not retain tuition collected from any of their students; instead, these funds were remitted back to the state treasury. Starting in FY12, all public higher education campuses were allowed to retain out-of-state tuition payments, remitting only in-state tuition. In order to allow for more accurate comparisons of net state appropriations across years, MassBudget deducts the amount of tuition remitted back to the state for each campus for each year.
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