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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.
Mystic Valley Economic Development and Related Programs 7007-0104

funding levels adjusted for inflation (CPI)

  • Funding History
  • Proposals
Adjusted for inflation (CPI) NOT adjusted
FY23 GAA $4,200,000 $4,200,000
FY22 $3,547,091 $3,400,000
FY21 $3,795,679 $3,400,000
FY20 $3,882,561 $3,400,000
FY19 $6,078,283 $5,240,000
FY18 $3,646,799 $3,080,000
FY17 $1,755,323 $1,450,000
FY16 $6,744,999 $5,470,000
FY15 $5,039,261 $4,059,722
FY14 $5,000,656 $4,000,000
FY13 $3,459,704 $2,725,000
FY12 $3,518,014 $2,725,000
FY11 $1,428,599 $1,075,000
FY10 $1,456,939 $1,075,000
FY09 $5,081,044 $3,712,500
FY08 $15,887,521 $11,448,000
FY07 $20,122,124 $13,980,665
FY06 $13,008,144 $8,809,000
FY05 $9,010,167 $5,879,500
FY04 $6,273,020 $3,974,000
FY03 $10,281,007 $6,372,521
FY02 $3,849,971 $2,334,906
FY01 $4,995,625 $2,977,000

comparisons adjusted for inflation (CPI)

  • See Changes in Funding
Between and
Funding for Mystic Valley Economic Development and Related Programs
77.7%

comparisons adjusted for inflation (CPI)

Notes

  • Funding for local and regional manufacturing assistance programs has moved in and out of a number of line items, so they are grouped together.
  • In FY03, funding for the Mystic Valley Economic Development Commission was included in funding for Individual Training Grants.

* 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 $4,200,000 $4,200,000
FY23 Leg $4,200,000 $4,200,000
FY23 Sen $4,000,000 $4,000,000
FY23 SWM $4,000,000 $4,000,000
FY23 Hou $3,600,000 $3,600,000
FY23 HWM $3,400,000 $3,400,000
FY23 Gov $3,400,000 $3,400,000
FY22 $3,547,091 $3,400,000
FY22 GAA $3,547,091 $3,400,000

Notes

  • Funding for local and regional manufacturing assistance programs has moved in and out of a number of line items, so they are grouped together.
  • In FY03, funding for the Mystic Valley Economic Development Commission was included in funding for Individual Training Grants.

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

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