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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.

Low-Income Housing Tax Credit Fee Retained Revenue

7004-9315

funding levels adjusted for inflation (CPI)

  • Funding History
  • Proposals
Adjusted for inflation (CPI) NOT adjusted
FY18 $2,369,399 $2,369,399
FY17 $2,486,526 $2,432,072
FY16 $2,639,914 $2,535,003
FY15 $2,657,637 $2,535,003
FY14 $2,676,684 $2,535,003
FY13 $2,718,293 $2,535,003
FY12 $2,533,826 $2,323,853
FY11 $2,608,240 $2,323,853
FY10 $2,659,981 $2,323,853
FY09 $2,692,358 $2,329,213
FY08 $2,735,691 $2,334,014
FY07 $2,705,095 $2,225,356
FY06 $3,709,888 $2,974,644
FY05 $0 $0
FY04 $1,999,757 $1,500,000
FY03 $1,362,578 $1,000,000
FY02 $1,392,596 $1,000,000
FY01 $1,417,255 $1,000,000
  • See Changes in Funding
Between and
Funding for Low-Income Housing Tax Credit Fee Retained Revenue
13.4%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY18 GAA $2,369,399 $2,369,399
FY18 Leg $2,369,399 $2,369,399
FY18 Sen $2,369,399 $2,369,399
FY18 SWM $2,369,399 $2,369,399
FY18 Hou $2,369,399 $2,369,399
FY18 HWM $2,369,399 $2,369,399
FY18 Gov $2,369,399 $2,369,399
FY17 $2,486,526 $2,432,072