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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: Chapter 70 Aid

funding levels adjusted for inflation (CPI)

  • Funding History
Adjusted for inflation (CPI) NOT adjusted
FY23 GAA$5,998,209,887$5,998,209,887
FY22$5,783,081,985$5,543,268,224
FY21$5,898,542,056$5,283,651,632
FY20$5,922,621,903$5,186,502,652
FY19$5,710,075,428$4,922,573,321
FY18$5,638,276,092$4,761,953,715
FY17$5,602,524,589$4,628,013,618
FY16$5,567,413,786$4,515,012,199
FY15$5,463,127,325$4,401,196,186
FY14$5,379,724,182$4,303,214,591
FY13$5,300,053,389$4,174,532,545
FY12$5,155,685,609$3,993,515,799
FY11$5,413,787,132$4,073,796,736
FY10$5,478,120,184$4,042,022,844
FY09$5,410,416,146$3,953,158,171
FY08$5,178,115,071$3,731,171,328
FY07$5,051,909,909$3,510,020,040
FY06$4,866,869,529$3,295,801,062
FY05$4,888,818,166$3,190,152,601
FY04$4,922,006,867$3,118,124,259
FY03$5,257,807,021$3,258,969,179
FY02$5,307,761,169$3,219,017,737
FY01$5,024,960,706$2,994,481,788

comparisons adjusted for inflation (CPI)

  • See Changes in Funding
Between and
Funding for K-12: Chapter 70 Aid
11.7%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY23 GAA$5,998,209,887$5,998,209,887
FY23 Leg$5,998,209,887$5,998,209,887
FY23 Sen$5,998,209,887$5,998,209,887
FY23 SWM$5,998,209,887$5,998,209,887
FY23 Hou$5,998,209,887$5,998,209,887
FY23 HWM$5,998,209,887$5,998,209,887
FY23 Gov$5,988,520,366$5,988,520,366
FY22$5,783,081,985$5,543,268,224
FY22 GAA$5,783,081,985$5,543,268,224

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY22FY23 GovFY23 HouFY23 SenFY23 GAA
7061-0008Chapter 70 Aid$5,741,351,499$5,988,520,366$5,988,520,366$5,998,209,887$5,988,520,366
7061-0009Minimum Aid Supplement $0$0$9,689,521$0$9,689,521
7061-0011Education Reform Reserve$41,730,486$0$0$0$0
FY22FY23 GovFY23 HouFY23 SenFY23 GAA
1595-6127New Bedford Chapter 70$0$0$0$0$0
7053-1940Payment To Certain Schools$0$0$0$0$0
7061-0006Enrollment Growth Aid$0$0$0$0$0
7061-0008Chapter 70 Aid$5,741,351,499$5,988,520,366$5,988,520,366$5,998,209,887$5,988,520,366
7061-0009Minimum Aid Supplement $0$0$9,689,521$0$9,689,521
7061-0010Supplemental School Aid to Cities/Towns$0$0$0$0$0
7061-0011Education Reform Reserve$41,730,486$0$0$0$0
7061-0016Low-Income Student Supports$0$0$0$0$0
7061-9100Professional Development Grants$0$0$0$0$0
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