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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
FY23 GAA$1,165,100,000$1,165,100,000
FY22$1,058,171,566$1,014,291,140
FY21$1,095,808,921$981,576,895
FY20$1,089,572,313$954,150,000
FY19$1,023,216,356$882,100,000
FY18$1,002,383,527$846,589,256
FY17$988,785,783$816,795,000
FY16$991,280,587$803,900,000
FY15$957,649,365$771,500,000
FY14$915,160,090$732,032,000
FY13$866,259,009$682,300,000
FY12$875,492,759$678,143,400
FY11$856,293,955$644,348,851
FY10$786,259,921$580,140,715
FY09$960,779,197$702,000,000
FY08$880,862,368$634,719,076
FY07$801,707,727$557,019,076
FY06$721,685,543$488,719,076
FY05$606,428,234$395,719,076
FY04$870,325,095$551,356,767
FY03$616,121,169$381,893,039
FY02$596,065,713$361,498,199
FY01$546,121,293$325,445,384

comparisons adjusted for inflation (CPI)

  • See Changes in Funding
Between and
Funding for K-12: School Building
20.1%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY23 GAA$1,165,100,000$1,165,100,000
FY23 Leg$1,165,100,000$1,165,100,000
FY23 Sen$1,165,100,000$1,165,100,000
FY23 SWM$1,165,100,000$1,165,100,000
FY23 Hou$1,165,100,000$1,165,100,000
FY23 HWM$1,165,100,000$1,165,100,000
FY23 Gov$1,165,100,000$1,165,100,000
FY22$1,058,171,566$1,014,291,140
FY22 GAA$1,058,171,566$1,014,291,140

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY22FY23 GovFY23 HouFY23 SenFY23 GAA
School Modernization and Reconstruction Trust (SMART) Tax Transfer$1,058,171,566$1,165,100,000$1,165,100,000$1,165,100,000$1,165,100,000
FY22FY23 GovFY23 HouFY23 SenFY23 GAA
School Modernization and Reconstruction Trust$0$0$0$0$0
School Building Racial Imbalance Elimination$0$0$0$0$0
School Building First Annual Payments$0$0$0$0$0
School Building Annual Reimbursements$0$0$0$0$0
School Building Engineering and Architecture$0$0$0$0$0
School Building Emergency Repairs$0$0$0$0$0
School Modernization and Reconstruction Trust (SMART) Tax Transfer$1,058,171,566$1,165,100,000$1,165,100,000$1,165,100,000$1,165,100,000
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