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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.
Libraries

funding levels adjusted for inflation (cpi)

  • Funding History
Adjusted for inflation (cpi) NOT adjusted
FY24 Gov$45,635,785$45,635,785
FY23 Current$43,375,199$40,883,002
FY22$40,336,723$36,442,524
FY21$40,146,052$33,845,684
FY20$36,896,751$30,410,228
FY19$33,558,969$27,228,889
FY18$32,018,774$25,451,565
FY17$32,370,626$25,167,085
FY16$33,179,744$25,324,998
FY15$33,397,484$25,322,939
FY14$29,543,002$22,241,219
FY13$29,426,071$21,813,776
FY12$29,438,085$21,460,977
FY11$30,302,632$21,460,977
FY10$35,539,515$24,680,256
FY09$48,946,597$33,659,447
FY08$48,444,295$32,853,912
FY07$48,440,310$31,676,112
FY06$46,378,262$29,559,475
FY05$44,126,469$27,100,525
FY04$42,768,790$25,500,525
FY03$44,455,267$25,934,017
FY02$59,220,595$33,803,037
FY01$61,730,337$34,622,515

comparisons adjusted for inflation (cpi)

  • See Changes in Funding
Between and
Funding for Libraries
10.5%

comparisons adjusted for inflation (cpi)

Adjusted for inflation (cpi) NOT adjusted
FY24 Gov$45,635,785$45,635,785
FY23 Current$43,375,199$40,883,002
FY23 GAA$43,375,199$40,883,002
FY23 Leg$43,375,199$40,883,002
FY23 Sen$43,244,754$40,760,052
FY23 SWM$43,244,754$40,760,052
FY23 Hou$41,253,280$38,883,002
FY23 HWM$41,253,280$38,883,002
FY23 Gov$38,615,504$36,396,784
FY22 GAA$40,247,067$36,361,524

funding levels adjusted for inflation (cpi)

  • Active Line Items
  • All Line Items
FY21FY22FY23 CurrentFY24 Gov
Board of Library Commissioners$1,767,216$1,973,830$1,837,142$1,904,746
Regional Libraries Local Aid$14,845,851$14,960,302$15,400,884$15,967,600
Talking Book Program Worcester$572,037$549,812$553,363$537,217
Talking Book Program Watertown$3,256,899$3,130,359$3,150,576$3,058,641
Public Libraries Local Aid$14,233,798$14,389,162$16,975,348$17,600,000
Library Technology and Automated Resource - Sharing Networks$5,203,366$5,001,200$5,033,501$6,167,581
Center for the Book$266,884$332,058$424,384$400,000
FY21FY22FY23 CurrentFY24 Gov
Holbrook Handicap Access$0$0$0$0
Board of Library Commissioners$1,767,216$1,973,830$1,837,142$1,904,746
Regional Libraries Local Aid$14,845,851$14,960,302$15,400,884$15,967,600
Talking Book Program Worcester$572,037$549,812$553,363$537,217
Boston Public Library$0$0$0$0
Talking Book Program Watertown$3,256,899$3,130,359$3,150,576$3,058,641
Public Libraries Local Aid$14,233,798$14,389,162$16,975,348$17,600,000
Library Technology and Automated Resource - Sharing Networks$5,203,366$5,001,200$5,033,501$6,167,581
Public Library Matching Incentive Grant$0$0$0$0
Center for the Book$266,884$332,058$424,384$400,000

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