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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$128,029,583$128,029,583
FY17$129,878,550$126,937,368
FY16$156,008,836$149,758,534
FY15$161,228,176$153,733,740
FY14$195,853,343$185,416,666
FY13$122,989,404$114,652,269
FY12$162,278,564$148,788,629
FY11$108,129,566$96,303,818
FY10$120,766,825$105,466,788
FY09$159,080,529$137,572,431
FY08$196,782,831$167,826,896
FY07$480,441,395$395,089,313
FY06$243,967,785$195,544,062
FY05$138,854,746$107,243,052
FY04$157,877,872$118,378,636
FY03$203,302,439$149,148,560
FY02$233,705,580$167,757,499
FY01$300,198,561$211,737,839
  • See Changes in Funding
Between and
Funding for Economic Development
34.9%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
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$129,878,550$126,937,368

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY14FY15FY16FY17FY18
Massachusetts Cultural Council$8,537,381$12,359,722$14,750,980$14,630,313$12,075,699
Mass. Life Sciences Investment Fund$20,597,610$0$0$0$0
Social Innovation Financing Trust$7,922,158$0$0$0$0
Mass. Port Authority Tourism$0$0$520,868$0$0
Commonwealth Infrastructure Investment Assistance Reserve$3,792,680$5,476,963$10,417,359$10,231,703$10,000,000
Supplier Diversity Office$577,544$568,830$512,939$375,586$367,081
Department of Agricultural Resources Administration$5,636,801$5,783,074$6,266,612$5,606,406$5,549,077
Executive Office of Housing and Economic Development$461,892$1,379,833$2,834,557$2,143,538$2,254,257
Summer Jobs Program for At-Risk Youth (YouthWorks)$10,562,877$10,309,207$12,188,310$10,282,862$10,650,000
Housing and Economic Development Info. Tech.$3,205,842$3,385,073$3,450,288$3,150,315$3,078,974
Advanced Manufacturing Workforce Development Grants$2,207,641$901,925$1,599,065$1,483,597$1,350,000
Local Capital Projects Program$0$28,226,470$0$0$0
Advanced Manufacturing Futures Program$19,805,394$0$0$0$0
Innovation Institute$3,168,863$2,097,499$2,604,340$511,585$750,000
Military Base Promotion$315,083$0$104,174$127,896$125,000
Urban Agenda Economic Development Grants$0$0$520,868$1,534,756$500,000
Community Compact Grants$0$0$606,160$69,703$0
Small Business Technical Assistance Grant Program$0$2,097,499$2,083,472$1,023,170$750,000
Workforce Competitiveness Trust Fund$0$0$535,452$2,250,975$1,750,000
Learn to Earn$0$0$0$0$250,000
MassVentures Operations$0$524,375$0$0$0
Transformative Development Fund$0$0$1,041,736$0$0
Working Cities Tech Assistance Grants$0$52,437$520,868$511,585$0
Parking Management Plan Grants$0$0$208,347$0$0
Mass. Tech. Collaborative Tech and Innovation Entrepreneurs$0$0$1,562,604$0$0
Entrepreneur in Residence Pilot Program$0$0$104,174$102,317$50,000
North Shore InnoVentures$0$0$104,174$0$0
Executive Office of Labor and Workforce Development$855,143$810,007$1,087,207$799,067$745,048
Demonstration Workforce Development Program$0$0$0$255,793$150,000
Labor and Workforce Development Info. Technology$295,503$208,907$283,997$0$0
Department of Labor Standards$2,149,913$2,159,886$2,458,761$2,598,050$3,013,066
Dept. of Labor Standards Licensing Fees Revenue$478,340$474,926$471,750$463,343$452,850
Department of Industrial Accidents$20,621,065$20,508,509$19,943,101$19,861,783$19,633,943
Mass. Manufacturing Extension Partnership$2,112,575$0$0$0$0
Massachusetts Manufacturing Extension Partnership$0$2,054,035$2,083,472$0$0
One Stop Career Centers$4,747,450$4,648,659$4,714,366$3,849,781$3,760,051
Mass. Workforce Professionals Association$79,222$52,437$0$0$0
Department of Labor Relations$2,213,334$2,194,418$2,395,637$2,284,790$2,374,663
Arbitration and Mediation Retained Revenue$105,629$104,875$104,174$102,317$0
Joint Labor Management Committee for Municipal Police and Fire$0$0$0$127,896$129,026
Massachusetts Service Alliance$2,112,575$2,203,597$3,614,823$1,483,597$2,700,000
Community Investment Grant Program$1,584,432$0$0$0$0
Office of Consumer Affairs and Business Regulation$884,730$863,734$872,542$752,257$735,222
Regional Economic Development Grants$897,845$681,687$625,042$409,268$300,000
Brownfields Redevelopment Fund$15,844,315$0$0$0$0
Massachusetts Office of Business Development$1,786,353$1,842,239$1,810,474$1,585,965$1,544,706
Biotechnology Research Institute$264,072$0$260,434$255,793$242,500
Small Business Development Center at UMass$1,272,072$1,244,050$1,235,730$1,213,707$1,186,222
Microlending$211,258$314,625$312,521$102,317$100,000
Commonwealth Zoological Corporation$3,908,264$3,723,061$5,104,506$4,092,681$4,000,000
Mass. Technology Collab./Mass. Technology Park Corp.$211,258$0$0$0$0
Mass. Tech. Collab. Computer Science Education$0$0$1,770,951$0$0
Small Business Association Layoff Aversion Grant Program$264,072$65,547$260,434$255,793$242,500
Massachusetts Office of Travel and Tourism$15,304,184$14,262,807$14,326,914$5,456,226$6,609,361
Local Tourist Councils Financial Assistance$7,922,158$5,243,747$6,250,415$6,139,022$6,000,000
Mass Office of Travel and Tourism International Marketing$0$1,048,749$0$0$0
Massachusetts International Trade Council$120,003$72,532$128,524$117,562$110,338
Workforce Training Fund (Transfer)$22,815,814$23,282,238$23,355,718$23,635,235$24,500,000
FY14FY15FY16FY17FY18
Massachusetts Cultural Council$8,537,381$12,359,722$14,750,980$14,630,313$12,075,699
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
Mass. Life Sciences Investment Fund$20,597,610$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$7,922,158$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$520,868$0$0
Commonwealth Infrastructure Investment Assistance Reserve$3,792,680$5,476,963$10,417,359$10,231,703$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$577,544$568,830$512,939$375,586$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$5,636,801$5,783,074$6,266,612$5,606,406$5,549,077
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$461,892$1,379,833$2,834,557$2,143,538$2,254,257
Summer Jobs Program for At-Risk Youth (YouthWorks)$10,562,877$10,309,207$12,188,310$10,282,862$10,650,000
Permitting Technical Grants$0$0$0$0$0
Housing and Economic Development Info. Tech.$3,205,842$3,385,073$3,450,288$3,150,315$3,078,974
Advanced Manufacturing Workforce Development Grants$2,207,641$901,925$1,599,065$1,483,597$1,350,000
Local Capital Projects Program$0$28,226,470$0$0$0
Advanced Manufacturing Futures Program$19,805,394$0$0$0$0
Mass. Life Sciences Center$0$0$0$0$0
Innovation Institute$3,168,863$2,097,499$2,604,340$511,585$750,000
International Trade$0$0$0$0$0
Military Base Promotion$315,083$0$104,174$127,896$125,000
Urban Agenda Economic Development Grants$0$0$520,868$1,534,756$500,000
Community Compact Grants$0$0$606,160$69,703$0
Small Business Technical Assistance Grant Program$0$2,097,499$2,083,472$1,023,170$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$535,452$2,250,975$1,750,000
Learn to Earn$0$0$0$0$250,000
MassVentures Operations$0$524,375$0$0$0
Transformative Development Fund$0$0$1,041,736$0$0
Working Cities Tech Assistance Grants$0$52,437$520,868$511,585$0
Parking Management Plan Grants$0$0$208,347$0$0
Mass. Tech. Collaborative Tech and Innovation Entrepreneurs$0$0$1,562,604$0$0
Entrepreneur in Residence Pilot Program$0$0$104,174$102,317$50,000
Big Data Innovation and Workforce Fund$0$0$0$0$0
North Shore InnoVentures$0$0$104,174$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$855,143$810,007$1,087,207$799,067$745,048
Demonstration Workforce Development Program$0$0$0$255,793$150,000
Labor and Workforce Development Info. Technology$295,503$208,907$283,997$0$0
Department of Labor Standards$2,149,913$2,159,886$2,458,761$2,598,050$3,013,066
Dept. of Labor Standards Licensing Fees Revenue$478,340$474,926$471,750$463,343$452,850
Re-Employment Assistance$0$0$0$0$0
Economic Stabilization Trust$0$0$0$0$0
Department of Industrial Accidents$20,621,065$20,508,509$19,943,101$19,861,783$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$2,112,575$0$0$0$0
Massachusetts Manufacturing Extension Partnership$0$2,054,035$2,083,472$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$4,747,450$4,648,659$4,714,366$3,849,781$3,760,051
Mass. Workforce Professionals Association$79,222$52,437$0$0$0
Welfare-To-Work Skills Plus$0$0$0$0$0
Department of Labor Relations$2,213,334$2,194,418$2,395,637$2,284,790$2,374,663
Summer Jobs Program for At-Risk Youth$0$0$0$0$0
Arbitration and Mediation Retained Revenue$105,629$104,875$104,174$102,317$0
Joint Labor Management Committee for Municipal Police and Fire$0$0$0$127,896$129,026
Workforce Development Initiative$0$0$0$0$0
Massachusetts Service Alliance$2,112,575$2,203,597$3,614,823$1,483,597$2,700,000
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$1,584,432$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$884,730$863,734$872,542$752,257$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$897,845$681,687$625,042$409,268$300,000
Mass. Opportunity Relocation and Expansion Program$0$0$0$0$0
BRAC Program MBDC$0$0$0$0$0
Brownfields Redevelopment Fund$15,844,315$0$0$0$0
Mass. Business to Business Program$0$0$0$0$0
Massachusetts Office of Business Development$1,786,353$1,842,239$1,810,474$1,585,965$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$264,072$0$260,434$255,793$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$1,272,072$1,244,050$1,235,730$1,213,707$1,186,222
Microlending$211,258$314,625$312,521$102,317$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$3,908,264$3,723,061$5,104,506$4,092,681$4,000,000
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.$211,258$0$0$0$0
Mass. Tech. Collab. Computer Science Education$0$0$1,770,951$0$0
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$264,072$65,547$260,434$255,793$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$15,304,184$14,262,807$14,326,914$5,456,226$6,609,361
Anniversary Celebrations$0$0$0$0$0
Local Tourist Councils Financial Assistance$7,922,158$5,243,747$6,250,415$6,139,022$6,000,000
Mass Office of Travel and Tourism International Marketing$0$1,048,749$0$0$0
Massachusetts International Trade Council$120,003$72,532$128,524$117,562$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)$22,815,814$23,282,238$23,355,718$23,635,235$24,500,000