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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.

Springfield Technical Community College

7514-0100

funding levels adjusted for inflation (CPI)

  • Funding History
  • Proposals
Adjusted for inflation (CPI) NOT adjusted
FY18 $24,833,976 $24,833,976
FY17 $24,902,375 $24,357,023
FY16 $24,734,712 $23,751,750
FY15 $23,981,875 $22,875,254
FY14 $23,378,334 $22,140,880
FY13 $21,597,240 $20,140,976
FY12 $22,209,253 $20,368,819
FY11 $24,675,248 $21,984,805
FY10 $27,245,954 $23,803,025
FY09 $27,555,213 $23,838,571
FY08 $27,492,022 $23,455,413
FY07 $26,319,372 $21,651,722
FY06 $24,844,252 $19,920,495
FY05 $22,942,627 $17,726,118
FY04 $23,736,889 $17,804,833
FY03 $28,143,259 $20,654,416
FY02 $30,233,426 $21,710,123
FY01 $29,419,798 $20,758,292
  • See Changes in Funding
Between and
Funding for Springfield Technical Community College
9.7%

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.
Adjusted for inflation (CPI) NOT adjusted
FY18 GAA $24,833,976 $24,833,976
FY18 Leg $24,833,976 $24,833,976
FY18 Sen $25,364,244 $25,364,244
FY18 SWM $25,364,244 $25,364,244
FY18 Hou $24,833,976 $24,833,976
FY18 HWM $24,833,976 $24,833,976
FY18 Gov $24,833,976 $24,833,976
FY17 $24,902,375 $24,357,023

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.