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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 Leg$47,348,386$47,348,386
FY23 Current$43,532,763$40,972,002
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
10.1%

comparisons adjusted for inflation (cpi)

Adjusted for inflation (cpi) NOT adjusted
FY24 Leg$47,348,386$47,348,386
FY24 Sen$47,328,386$47,328,386
FY24 SWM$46,578,386$46,578,386
FY24 Hou$45,297,586$45,297,586
FY24 HWM$45,072,586$45,072,586
FY24 Gov$45,635,785$45,635,785
FY23 Current$43,532,763$40,972,002
FY23 GAA$43,438,200$40,883,002
FY23 SWM$43,307,566$40,760,052
FY23 Hou$41,313,200$38,883,002
FY23 HWM$41,313,200$38,883,002
FY23 Gov$38,671,592$36,396,784
FY22 GAA$40,247,067$36,361,524

funding levels adjusted for inflation (cpi)

  • Active Line Items
  • All Line Items
FY23 CurrentFY24 GovFY24 HouFY24 SenFY24 Leg
7000-9101Board of Library Commissioners$1,934,373$1,904,746$1,904,745$1,904,745$1,904,745
7000-9401Regional Libraries Local Aid$15,423,254$15,967,600$15,441,800$16,717,600$16,717,600
7000-9402Talking Book Program Worcester$554,167$537,217$678,040$678,040$678,040
7000-9406Talking Book Program Watertown$3,155,152$3,058,641$3,860,420$3,860,420$3,860,420
7000-9501Public Libraries Local Aid$17,000,004$17,600,000$16,825,000$17,600,000$17,600,000
7000-9506Library Technology and Automated Resource - Sharing Networks$5,040,813$6,167,581$6,167,581$6,167,581$6,167,581
7000-9508Center for the Book$425,000$400,000$420,000$400,000$420,000
FY23 CurrentFY24 GovFY24 HouFY24 SenFY24 Leg
7000-6503Holbrook Handicap Access$0$0$0$0$0
7000-9101Board of Library Commissioners$1,934,373$1,904,746$1,904,745$1,904,745$1,904,745
7000-9401Regional Libraries Local Aid$15,423,254$15,967,600$15,441,800$16,717,600$16,717,600
7000-9402Talking Book Program Worcester$554,167$537,217$678,040$678,040$678,040
7000-9403Boston Public Library$0$0$0$0$0
7000-9406Talking Book Program Watertown$3,155,152$3,058,641$3,860,420$3,860,420$3,860,420
7000-9501Public Libraries Local Aid$17,000,004$17,600,000$16,825,000$17,600,000$17,600,000
7000-9506Library Technology and Automated Resource - Sharing Networks$5,040,813$6,167,581$6,167,581$6,167,581$6,167,581
7000-9507Public Library Matching Incentive Grant$0$0$0$0$0
7000-9508Center for the Book$425,000$400,000$420,000$400,000$420,000

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