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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.
K-12: School Building

funding levels adjusted for inflation (CPI)

  • Funding History
Adjusted for inflation (CPI) NOT adjusted
FY25 Gov$1,305,440,000$1,305,440,000
FY24$1,440,763,194$1,453,500,000
FY23$1,227,071,345$1,165,100,000
FY22$1,112,839,071$1,014,291,140
FY21$1,154,094,693$981,576,895
FY20$1,147,526,361$954,150,000
FY19$1,077,640,950$882,100,000
FY18$1,055,700,029$846,589,256
FY17$1,041,379,025$816,795,000
FY16$1,044,006,526$803,900,000
FY15$1,008,586,468$771,500,000
FY14$963,837,201$732,032,000
FY13$912,335,085$682,300,000
FY12$922,059,976$678,143,400
FY11$901,839,992$644,348,851
FY10$828,080,867$580,140,715
FY09$1,011,882,776$702,000,000
FY08$927,715,193$634,719,076
FY07$844,350,339$557,019,076
FY06$760,071,797$488,719,076
FY05$638,683,983$395,719,076
FY04$916,617,445$551,356,767
FY03$648,892,483$381,893,039
FY02$627,770,283$361,498,199
FY01$575,169,333$325,445,384

comparisons adjusted for inflation (CPI)

  • See Changes in Funding
Between and
Funding for K-12: School Building
55.3%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY25 Gov$1,305,440,000$1,305,440,000
FY24$1,440,763,194$1,453,500,000
FY24 Leg$1,440,763,194$1,453,500,000
FY24 Sen$1,391,201,336$1,403,500,000
FY24 SWM$1,391,201,336$1,403,500,000
FY24 Hou$1,391,201,336$1,403,500,000
FY24 HWM$1,391,201,336$1,403,500,000
FY24 Gov$1,292,077,622$1,303,500,000
FY23 GAA$1,227,071,345$1,165,100,000
FY23 SWM$1,227,071,345$1,165,100,000
FY23 Hou$1,227,071,345$1,165,100,000
FY23 HWM$1,227,071,345$1,165,100,000
FY23 Gov$1,227,071,345$1,165,100,000
FY22 GAA$1,112,839,071$1,014,291,140

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY22FY23FY24FY25 Gov
1596-2424Green Schoolworks$0$0$49,561,857$0
1596-2431MSBA Capital Supports$0$0$99,123,715$0
T10-62School Modernization and Reconstruction Trust (SMART) Fund$1,112,839,071$1,227,071,345$1,292,077,622$1,305,440,000
FY22FY23FY24FY25 Gov
1595-4621School Modernization and Reconstruction Trust (SMART) Fund$0$0$0$0
1596-2424Green Schoolworks$0$0$49,561,857$0
1596-2431MSBA Capital Supports$0$0$99,123,715$0
7052-0003School Building Assistance - Racial Imbalance Elimination - First Payments$0$0$0$0
7052-0004School Building Assistance - First Annual Payments$0$0$0$0
7052-0005School Building Assistance - Annual Reimbursements$0$0$0$0
7052-0006School Building Assistance - Engineering and Architectural Services$0$0$0$0
7052-0007School Building Assistance - Emergency Repairs$0$0$0$0
T10-62School Modernization and Reconstruction Trust (SMART) Fund$1,112,839,071$1,227,071,345$1,292,077,622$1,305,440,000

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