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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.
Ricci Settlement Reserve and Related Programs 1599-4042

funding levels adjusted for inflation (CPI)

  • Funding History
  • Proposals
Adjusted for inflation (CPI) NOT adjusted
FY23 GAA $1,697,916,625 $1,697,916,625
FY22 $1,720,325,438 $1,648,986,710
FY21 $1,702,956,916 $1,525,433,065
FY20 $1,723,863,328 $1,509,605,352
FY19 $1,628,396,300 $1,403,816,864
FY18 $1,625,669,934 $1,373,002,112
FY17 $1,608,701,122 $1,328,881,397
FY16 $1,601,806,262 $1,299,018,735
FY15 $1,557,994,210 $1,255,148,886
FY14 $1,296,532,574 $1,037,089,951
FY13 $1,222,738,559 $963,077,452
FY12 $1,190,299,318 $921,987,781
FY11 $1,164,017,247 $875,906,190
FY10 $1,136,177,873 $838,327,157
FY09 $1,086,550,856 $793,895,937
FY08 $1,063,865,998 $766,585,187
FY07 $1,054,826,726 $732,883,803
FY06 $1,043,191,163 $706,439,842
FY05 $1,011,253,719 $659,884,163
FY04 $967,828,606 $613,125,893
FY03 $926,017,597 $573,977,477
FY02 $819,548,760 $497,034,797
FY01 $762,767,599 $454,549,561

comparisons adjusted for inflation (CPI)

  • See Changes in Funding
Between and
Funding for Ricci Settlement Reserve and Related Programs
61.7%

comparisons adjusted for inflation (CPI)

Notes

  • Line items that start with 1599- are typically referred to as "reserve accounts." These often fund non-recurring costs, such as costs for natural disasters, start-up costs, and initial payments for collectively-bargained pay increases.

* Funding and comparison information includes all line-items listed above. Download the spreadsheet to see funding levels for individual line-items.

Adjusted for inflation (CPI) NOT adjusted
FY23 GAA $1,697,916,625 $1,697,916,625
FY23 Leg $1,697,916,625 $1,697,916,625
FY23 Sen $1,697,841,624 $1,697,841,624
FY23 SWM $1,697,841,624 $1,697,841,624
FY23 Hou $1,697,916,625 $1,697,916,625
FY23 HWM $1,697,841,625 $1,697,841,625
FY23 Gov $1,697,841,624 $1,697,841,624
FY22 $1,720,325,438 $1,648,986,710
FY22 GAA $1,720,325,438 $1,648,986,710

Notes

  • Line items that start with 1599- are typically referred to as "reserve accounts." These often fund non-recurring costs, such as costs for natural disasters, start-up costs, and initial payments for collectively-bargained pay increases.

* Funding information includes all line-items listed above. Download the spreadsheet to see funding levels for individual line-items.

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