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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.

Economic Development

funding levels adjusted for inflation (cpi)

  • Funding History
Adjusted for inflation (cpi) NOT adjusted
FY18$142,739,823$142,739,823
FY17$129,779,486$126,937,368
FY16$155,956,262$149,758,534
FY15$161,170,818$153,733,740
FY14$195,779,609$185,416,666
FY13$122,942,032$114,652,269
FY12$162,232,493$148,788,629
FY11$108,089,225$96,303,818
FY10$120,721,770$105,466,788
FY09$159,021,180$137,572,431
FY08$196,709,416$167,826,896
FY07$480,262,154$395,089,313
FY06$243,876,766$195,544,062
FY05$138,802,942$107,243,052
FY04$157,818,972$118,378,636
FY03$203,226,592$149,148,560
FY02$233,618,390$167,757,499
FY01$300,086,564$211,737,839
  • See Changes in Funding
Between and
Funding for Economic Development
27.4%

comparisons adjusted for inflation (cpi)

Adjusted for inflation (cpi) NOT adjusted
FY18 GAA$142,739,823$142,739,823
FY18 Leg$143,739,823$143,739,823
FY18 Sen$145,848,429$145,848,429
FY18 SWM$137,948,429$137,948,429
FY18 Hou$146,027,444$146,027,444
FY18 HWM$127,459,737$127,459,737
FY18 Gov$133,126,115$133,126,115
FY17$129,779,486$126,937,368

funding levels adjusted for inflation (cpi)

  • Active Line Items
  • All Line Items
FY14FY15FY16FY17FY18
Massachusetts Cultural Council$8,534,167$12,355,325$14,746,009$14,619,154$13,950,699
Workforce Competitiveness Trust Fund$0$0$0$0$1,000,000
Mass. Life Sciences Investment Fund$20,589,856$0$0$0$0
Social Innovation Financing Trust$7,919,175$0$0$0$0
Mass. Port Authority Tourism$0$0$520,692$0$0
Commonwealth Infrastructure Investment Assistance Reserve$3,791,252$5,475,014$10,413,848$10,223,899$10,000,000
Supplier Diversity Office$577,327$568,627$512,766$375,300$367,081
Department of Agricultural Resources Administration$5,634,679$5,781,017$6,264,500$5,602,129$5,830,341
Executive Office of Housing and Economic Development$461,718$1,379,342$2,833,602$2,141,903$2,679,257
Summer Jobs Program for At-Risk Youth (YouthWorks)$10,558,900$10,305,540$12,184,202$10,275,019$10,950,000
Housing and Economic Development Info. Tech.$3,204,635$3,383,868$3,449,125$3,147,912$3,078,974
Advanced Manufacturing Workforce Development Grants$2,206,810$901,604$1,598,526$1,482,465$1,525,000
Local Capital Projects Program$0$28,216,428$0$0$0
Advanced Manufacturing Futures Program$19,797,938$0$0$0$0
Innovation Institute$3,167,670$2,096,753$2,603,462$511,195$1,000,000
International Trade$0$0$0$0$100,000
Military Base Promotion$314,964$0$104,138$127,799$125,000
Urban Agenda Economic Development Grants$0$0$520,692$1,533,585$500,000
Community Compact Grants$0$0$605,956$69,650$0
Small Business Technical Assistance Grant Program$0$2,096,753$2,082,770$1,022,390$750,000
Workforce Competitiveness Trust Fund$0$0$535,272$2,249,258$750,000
Learn to Earn$0$0$0$0$250,000
MassVentures Operations$0$524,188$0$0$0
Transformative Development Fund$0$0$1,041,385$0$250,000
Working Cities Tech Assistance Grants$0$52,419$520,692$511,195$0
Parking Management Plan Grants$0$0$208,277$0$0
Mass. Tech. Collaborative Tech and Innovation Entrepreneurs$0$0$1,562,077$0$1,550,000
Entrepreneur in Residence Pilot Program$0$0$104,138$102,239$50,000
Big Data Innovation and Workforce Fund$0$0$0$0$500,000
North Shore InnoVentures$0$0$104,138$0$0
Executive Office of Labor and Workforce Development$854,821$809,719$1,086,840$798,458$975,048
Demonstration Workforce Development Program$0$0$0$255,597$150,000
Labor and Workforce Development Info. Technology$295,392$208,832$283,901$0$0
Department of Labor Standards$2,149,104$2,159,117$2,457,933$2,596,069$3,013,066
Dept. of Labor Standards Licensing Fees Revenue$478,160$474,757$471,591$462,989$452,850
Department of Industrial Accidents$20,613,301$20,501,213$19,936,380$19,846,633$19,633,943
Mass. Manufacturing Extension Partnership$2,111,780$0$0$0$0
Massachusetts Manufacturing Extension Partnership$0$2,053,304$2,082,770$0$0
One Stop Career Centers$4,745,663$4,647,005$4,712,778$3,846,844$3,960,051
Mass. Workforce Professionals Association$79,192$52,419$0$0$0
Department of Labor Relations$2,212,500$2,193,637$2,394,830$2,283,047$2,374,663
Arbitration and Mediation Retained Revenue$105,589$104,838$104,138$102,239$0
Joint Labor Management Committee for Municipal Police and Fire$0$0$0$127,799$129,026
Massachusetts Service Alliance$2,111,780$2,202,813$3,613,605$1,482,465$3,080,000
Community Investment Grant Program$1,583,835$0$0$0$0
Office of Consumer Affairs and Business Regulation$884,397$863,426$872,248$751,684$735,222
Regional Economic Development Grants$897,507$681,445$624,831$408,956$300,000
Brownfields Redevelopment Fund$15,838,350$0$0$0$0
Massachusetts Office of Business Development$1,785,681$1,841,583$1,809,864$1,584,756$1,544,706
Biotechnology Research Institute$263,973$0$260,346$255,597$242,500
Small Business Development Center at UMass$1,271,594$1,243,607$1,235,314$1,212,781$1,386,222
Microlending$211,178$314,513$312,415$102,239$100,000
Commonwealth Zoological Corporation$3,906,793$3,721,736$5,102,786$4,089,560$4,350,000
Mass. Technology Collab./Mass. Technology Park Corp.$211,178$0$0$0$0
Mass. Tech. Collab. Computer Science Education$0$0$1,770,354$0$850,000
Small Business Association Layoff Aversion Grant Program$263,973$65,524$260,346$255,597$242,500
Massachusetts Office of Travel and Tourism$15,298,422$14,257,733$14,322,086$5,452,064$13,403,337
Local Tourist Councils Financial Assistance$7,919,175$5,241,882$6,248,309$6,134,340$6,000,000
Mass Office of Travel and Tourism International Marketing$0$1,048,376$0$0$0
Massachusetts International Trade Council$119,958$72,506$128,481$117,473$110,338
Workforce Training Fund (Transfer)$22,807,225$23,273,955$23,347,847$23,617,207$24,500,000
FY14FY15FY16FY17FY18
Massachusetts Cultural Council$8,534,167$12,355,325$14,746,009$14,619,154$13,950,699
Massachusetts Cultural Council$0$0$0$0$0
Cultural Resources Act$0$0$0$0$0
John and Abigail Adams Arts Program$0$0$0$0$0
Mass. Development Finance Agency$0$0$0$0$0
Mass Development Small Business Loan Reserve$0$0$0$0$0
Economic Stimulus Trust Fund$0$0$0$0$0
Capital Needs Investment Trust$0$0$0$0$0
Educational Rewards Grant Program$0$0$0$0$0
Commonwealth Information Technology Initiative$0$0$0$0$0
Board of Higher Education Scholar-Internship Match$0$0$0$0$0
Workforce Competitiveness Trust Fund$0$0$0$0$0
District Local Technical Assistance Fund$0$0$0$0$0
Workforce Competitiveness Trust Fund$0$0$0$0$1,000,000
Mass. Life Sciences Investment Fund$20,589,856$0$0$0$0
Infrastructure Development Fund$0$0$0$0$0
Mass. Cultural Facilities Fund$0$0$0$0$0
Mass. Technology Transfer Center$0$0$0$0$0
Dept. of Business and Technology Grants$0$0$0$0$0
Social Innovation Financing Trust$7,919,175$0$0$0$0
Historical Preservation Grants$0$0$0$0$0
Dairy Farmer Reserve$0$0$0$0$0
Mass. Port Authority Tourism$0$0$520,692$0$0
Commonwealth Infrastructure Investment Assistance Reserve$3,791,252$5,475,014$10,413,848$10,223,899$10,000,000
District Local Technical Assistance Fund$0$0$0$0$0
Historic Preservation Reserve$0$0$0$0$0
Mass. High Tech Council Grant$0$0$0$0$0
Mass. Defense Technology Institute$0$0$0$0$0
MassPort Tourism$0$0$0$0$0
Supplier Diversity Office$577,327$568,627$512,766$375,300$367,081
Commonwealth Zoological Corporation$0$0$0$0$0
Commonwealth Zoological Corporation$0$0$0$0$0
Commonwealth Zoological Corporation$0$0$0$0$0
Department of Agricultural Resources Administration$5,634,679$5,781,017$6,264,500$5,602,129$5,830,341
Agricultural Innovation Center$0$0$0$0$0
Aquaculture Development$0$0$0$0$0
Commonwealth Zoological Corporation$0$0$0$0$0
Department of Labor$0$0$0$0$0
Executive Office of Housing and Economic Development$461,718$1,379,342$2,833,602$2,141,903$2,679,257
Summer Jobs Program for At-Risk Youth (YouthWorks)$10,558,900$10,305,540$12,184,202$10,275,019$10,950,000
Permitting Technical Grants$0$0$0$0$0
Housing and Economic Development Info. Tech.$3,204,635$3,383,868$3,449,125$3,147,912$3,078,974
Advanced Manufacturing Workforce Development Grants$2,206,810$901,604$1,598,526$1,482,465$1,525,000
Local Capital Projects Program$0$28,216,428$0$0$0
Advanced Manufacturing Futures Program$19,797,938$0$0$0$0
Mass. Life Sciences Center$0$0$0$0$0
Innovation Institute$3,167,670$2,096,753$2,603,462$511,195$1,000,000
International Trade$0$0$0$0$100,000
Military Base Promotion$314,964$0$104,138$127,799$125,000
Urban Agenda Economic Development Grants$0$0$520,692$1,533,585$500,000
Community Compact Grants$0$0$605,956$69,650$0
Small Business Technical Assistance Grant Program$0$2,096,753$2,082,770$1,022,390$750,000
Wireless Broadband Affairs Director$0$0$0$0$0
Executive Office of Labor and Workforce Development$0$0$0$0$0
Apprentice Training Program$0$0$0$0$0
Labor and Workforce Development Info. Technology$0$0$0$0$0
Division of Occupational Safety$0$0$0$0$0
Asbestos Abatement and Deleading Services Revenue$0$0$0$0$0
Occupational Hygiene Program$0$0$0$0$0
Division of Industrial Accidents$0$0$0$0$0
Labor Relations Commission$0$0$0$0$0
Joint Labor-Management Committee$0$0$0$0$0
Board of Conciliation and Arbitration$0$0$0$0$0
Division of Labor Relations$0$0$0$0$0
Arbitration and Mediation Retained Revenue$0$0$0$0$0
Workforce Competitiveness Trust Fund$0$0$535,272$2,249,258$750,000
Learn to Earn$0$0$0$0$250,000
MassVentures Operations$0$524,188$0$0$0
Transformative Development Fund$0$0$1,041,385$0$250,000
Working Cities Tech Assistance Grants$0$52,419$520,692$511,195$0
Parking Management Plan Grants$0$0$208,277$0$0
Mass. Tech. Collaborative Tech and Innovation Entrepreneurs$0$0$1,562,077$0$1,550,000
Entrepreneur in Residence Pilot Program$0$0$104,138$102,239$50,000
Big Data Innovation and Workforce Fund$0$0$0$0$500,000
North Shore InnoVentures$0$0$104,138$0$0
Digital Health Internship Incentive Fund$0$0$0$0$0
Electricity Deregulation Supplemental Unemployment Insurance$0$0$0$0$0
Executive Office of Labor and Workforce Development$854,821$809,719$1,086,840$798,458$975,048
Demonstration Workforce Development Program$0$0$0$255,597$150,000
Labor and Workforce Development Info. Technology$295,392$208,832$283,901$0$0
Department of Labor Standards$2,149,104$2,159,117$2,457,933$2,596,069$3,013,066
Dept. of Labor Standards Licensing Fees Revenue$478,160$474,757$471,591$462,989$452,850
Re-Employment Assistance$0$0$0$0$0
Economic Stabilization Trust$0$0$0$0$0
Department of Industrial Accidents$20,613,301$20,501,213$19,936,380$19,846,633$19,633,943
Manufacturing Assistance$0$0$0$0$0
Direct Care Workforce Development Contract$0$0$0$0$0
Summer Jobs Program$0$0$0$0$0
Health Care Career Ladder Programs$0$0$0$0$0
Mass. Manufacturing Extension Partnership$2,111,780$0$0$0$0
Massachusetts Manufacturing Extension Partnership$0$2,053,304$2,082,770$0$0
Commonwealth Corporation Grants$0$0$0$0$0
Workforce Training Fund$0$0$0$0$0
Individual Training Grants$0$0$0$0$0
Racetrack Employee Re-Training$0$0$0$0$0
Just-A-Start Biotech Training$0$0$0$0$0
One Stop Career Centers$4,745,663$4,647,005$4,712,778$3,846,844$3,960,051
Mass. Workforce Professionals Association$79,192$52,419$0$0$0
Welfare-To-Work Skills Plus$0$0$0$0$0
Department of Labor Relations$2,212,500$2,193,637$2,394,830$2,283,047$2,374,663
Summer Jobs Program for At-Risk Youth$0$0$0$0$0
Arbitration and Mediation Retained Revenue$105,589$104,838$104,138$102,239$0
Joint Labor Management Committee for Municipal Police and Fire$0$0$0$127,799$129,026
Workforce Development Initiative$0$0$0$0$0
Massachusetts Service Alliance$2,111,780$2,202,813$3,613,605$1,482,465$3,080,000
Small Business Association Layoff Aversion Program$0$0$0$0$0
Workforce Development Tracking$0$0$0$0$0
DES Youth Service And Conservation Corps$0$0$0$0$0
Commonwealth Development Coordinating Council$0$0$0$0$0
Grants to Municipalities$0$0$0$0$0
Municipal Economic Development$0$0$0$0$0
Community Development Action Grant$0$0$0$0$0
Quincy Center Revitalization$0$0$0$0$0
Economic Grants to Municipalities$0$0$0$0$0
Management Incentive Grants$0$0$0$0$0
Community Investment Grant Program$1,583,835$0$0$0$0
Grant to Worcester - CitySquare Project$0$0$0$0$0
Worcester Medical City Grant$0$0$0$0$0
Non-Fed Aided Urban Renewal$0$0$0$0$0
Urban Revitalization and Development$0$0$0$0$0
Office of Consumer Affairs and Business Regulation$884,397$863,426$872,248$751,684$735,222
Comprehensive Document Imaging System$0$0$0$0$0
Precision Manufacturing Pilot$0$0$0$0$0
Department of Business and Technology$0$0$0$0$0
Mystic Valley Economic Development$0$0$0$0$0
Regional Economic Development Grants$897,507$681,445$624,831$408,956$300,000
Mass. Opportunity Relocation and Expansion Program$0$0$0$0$0
BRAC Program MBDC$0$0$0$0$0
Brownfields Redevelopment Fund$15,838,350$0$0$0$0
Mass. Business to Business Program$0$0$0$0$0
Massachusetts Office of Business Development$1,785,681$1,841,583$1,809,864$1,584,756$1,544,706
In-State Sales Force$0$0$0$0$0
Office of Small Business and Entrepreneurship$0$0$0$0$0
Manufacturing Initiatives$0$0$0$0$0
Mass. Manufacturing Extension Partnership$0$0$0$0$0
Mass. Office of Business Development Grants$0$0$0$0$0
Biotechnology Research Institute$263,973$0$260,346$255,597$242,500
Mass. Manufacturing Extension Partnership$0$0$0$0$0
Economic Development Grants$0$0$0$0$0
Devens Progress Review$0$0$0$0$0
Small Business Development Center at UMass$1,271,594$1,243,607$1,235,314$1,212,781$1,386,222
Microlending$211,178$314,513$312,415$102,239$100,000
Year Up$0$0$0$0$0
Mass. Office of Travel and Tourism$0$0$0$0$0
Mass. Sports and Entertainment Commission$0$0$0$0$0
UMass Boston Venture Development Center$0$0$0$0$0
Local Travel and Tourism Grants$0$0$0$0$0
Commonwealth Zoological Corporation$0$0$0$0$0
Commonwealth Zoological Corporation$3,906,793$3,721,736$5,102,786$4,089,560$4,350,000
Mass. Office of Travel and Tourism Competitive Grants$0$0$0$0$0
Mass. Film Office$0$0$0$0$0
Local Tourist Councils Financial Assistance$0$0$0$0$0
MassDevelopment Reserve II$0$0$0$0$0
Mass. Technology Collab./Mass. Technology Park Corp.$211,178$0$0$0$0
Mass. Tech. Collab. Computer Science Education$0$0$1,770,354$0$850,000
Mass. International Trade Council$0$0$0$0$0
MassDevelopment Reserve$0$0$0$0$0
State Office of Minority and Women Business Assistance$0$0$0$0$0
Small Business Association Layoff Aversion Grant Program$263,973$65,524$260,346$255,597$242,500
Mass. Office of Travel and Tourism$0$0$0$0$0
Mass. Technology Development Corporation$0$0$0$0$0
Mass. Technology Park Corporation$0$0$0$0$0
Westfield - Engineering and Infrastructure Improvements$0$0$0$0$0
Massachusetts Office of Travel and Tourism$15,298,422$14,257,733$14,322,086$5,452,064$13,403,337
Anniversary Celebrations$0$0$0$0$0
Local Tourist Councils Financial Assistance$7,919,175$5,241,882$6,248,309$6,134,340$6,000,000
Mass Office of Travel and Tourism International Marketing$0$1,048,376$0$0$0
Massachusetts International Trade Council$119,958$72,506$128,481$117,473$110,338
Alternative and Clean Energy Investment Trust$0$0$0$0$0
Brownfields Redevelopment Fund$0$0$0$0$0
Emerging Technologies Fund$0$0$0$0$0
Mass. Research Center Matching Fund$0$0$0$0$0
Smart Growth Housing Trust$0$0$0$0$0
Workforce Training Fund (Transfer)$22,807,225$23,273,955$23,347,847$23,617,207$24,500,000