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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.

Massachusetts Maritime Academy

7118-0100

funding levels adjusted for inflation (CPI)

  • Funding History
  • Proposals
Adjusted for inflation (CPI) NOT adjusted
FY18 $16,358,059 $16,358,059
FY17 $16,710,703 $16,344,745
FY16 $16,185,076 $15,541,878
FY15 $15,215,802 $14,513,682
FY14 $15,558,226 $14,734,703
FY13 $13,090,021 $12,207,384
FY12 $13,444,836 $12,330,691
FY11 $14,705,700 $13,102,278
FY10 $16,113,806 $14,077,588
FY09 $16,272,407 $14,077,588
FY08 $16,030,466 $13,676,739
FY07 $16,028,916 $13,186,243
FY06 $13,853,283 $11,107,771
FY05 $11,303,321 $8,733,263
FY04 $11,409,629 $8,558,263
FY03 $13,382,749 $9,821,637
FY02 $13,590,197 $9,758,896
FY01 $14,123,963 $9,965,715
  • See Changes in Funding
Between and
Funding for Massachusetts Maritime Academy
2.0%

comparisons adjusted for inflation (CPI)

Notes

  • In order to make the most accurate year-to-year comparisons, consider both campus appropriations and funding for the campuses included in collective bargaining reserves.
  • From FY01-FY11, with only a few exceptions, higher education campuses did not retain tuition collected from any of their students; instead, these funds were remitted back to the state treasury. Starting in FY12, all public higher education campuses were allowed to retain out-of-state tuition payments, remitting only in-state tuition. In order to allow for more accurate comparisons of net state appropriations across years, MassBudget deducts the amount of tuition remitted back to the state for each campus for each year.
  • Starting in FY05, Mass. Maritime Institute was allowed to retain tuition revenue from both in-state and out-of-state students.
Adjusted for inflation (CPI) NOT adjusted
FY18 GAA $16,358,059 $16,358,059
FY18 Leg $16,358,059 $16,358,059
FY18 Sen $16,929,177 $16,929,177
FY18 SWM $16,929,177 $16,929,177
FY18 Hou $16,358,059 $16,358,059
FY18 HWM $16,358,059 $16,358,059
FY18 Gov $16,358,059 $16,358,059
FY17 $16,710,703 $16,344,745

Notes

  • In order to make the most accurate year-to-year comparisons, consider both campus appropriations and funding for the campuses included in collective bargaining reserves.
  • From FY01-FY11, with only a few exceptions, higher education campuses did not retain tuition collected from any of their students; instead, these funds were remitted back to the state treasury. Starting in FY12, all public higher education campuses were allowed to retain out-of-state tuition payments, remitting only in-state tuition. In order to allow for more accurate comparisons of net state appropriations across years, MassBudget deducts the amount of tuition remitted back to the state for each campus for each year.
  • Starting in FY05, Mass. Maritime Institute was allowed to retain tuition revenue from both in-state and out-of-state students.