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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.

K-12: School Building

funding levels adjusted for inflation (cpi)

  • Funding History
Adjusted for inflation (cpi) NOT adjusted
FY21 Gov$1,016,100,000$1,016,100,000
FY20$964,421,590$954,150,000
FY19$905,707,281$882,100,000
FY18$887,281,440$846,589,256
FY17$875,256,077$816,795,000
FY16$877,457,700$803,900,000
FY15$847,661,822$771,500,000
FY14$810,052,508$732,032,000
FY13$766,767,793$682,300,000
FY12$774,941,032$678,143,400
FY11$757,947,241$644,348,851
FY10$695,956,726$580,140,715
FY09$850,432,188$702,000,000
FY08$779,693,934$634,719,076
FY07$709,630,328$557,019,076
FY06$638,798,818$488,719,076
FY05$536,778,993$395,719,076
FY04$770,366,883$551,356,767
FY03$545,358,680$381,893,039
FY02$527,606,624$361,498,199
FY01$483,398,400$325,445,384
  • See Changes in Funding
Between and
Funding for K-12: School Building
23.7%

comparisons adjusted for inflation (cpi)

Adjusted for inflation (cpi) NOT adjusted
FY21 Gov$1,016,100,000$1,016,100,000
FY20$964,421,590$954,150,000

funding levels adjusted for inflation (cpi)

  • Active Line Items
  • All Line Items
FY18FY19FY20FY21 Gov
School Modernization and Reconstruction Trust (SMART) Tax Transfer$887,281,440$905,707,281$964,421,590$1,016,100,000
FY18FY19FY20FY21 Gov
School Modernization and Reconstruction Trust$0$0$0$0
School Building Racial Imbalance Elimination$0$0$0$0
School Building First Annual Payments$0$0$0$0
School Building Annual Reimbursements$0$0$0$0
School Building Engineering and Architecture$0$0$0$0
School Building Emergency Repairs$0$0$0$0
School Modernization and Reconstruction Trust (SMART) Tax Transfer$887,281,440$905,707,281$964,421,590$1,016,100,000