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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
FY22 HWM$5,543,174,884$5,543,174,884
FY21$5,364,411,985$5,283,651,632
FY20$5,330,484,585$5,186,502,652
FY19$5,139,300,935$4,922,573,321
FY18$5,074,761,455$4,761,953,715
FY17$5,042,646,340$4,628,013,618
FY16$5,011,005,816$4,515,012,199
FY15$4,916,989,026$4,401,196,186
FY14$4,841,923,534$4,303,214,591
FY13$4,770,217,276$4,174,532,545
FY12$4,640,281,665$3,993,515,799
FY11$4,872,581,277$4,073,796,736
FY10$4,930,483,077$4,042,022,844
FY09$4,869,547,281$3,953,158,171
FY08$4,660,468,897$3,731,171,328
FY07$4,546,880,221$3,510,020,040
FY06$4,380,337,972$3,295,801,062
FY05$4,400,092,445$3,190,152,601
FY04$4,429,963,336$3,118,124,259
FY03$4,732,194,197$3,258,969,179
FY02$4,777,154,525$3,219,017,737
FY01$4,522,625,078$2,994,481,788
  • See Changes in Funding
Between and
Funding for K-12: Chapter 70 Aid
15.1%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY22 HWM$5,543,174,884$5,543,174,884
FY22 Gov$5,481,304,643$5,481,304,643
FY21$5,364,411,985$5,283,651,632

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY20FY21FY22 GovFY22 HWM
Chapter 70 Aid$5,319,693,096$5,364,411,985$5,481,304,643$5,503,174,884
Education Reform Reserve$0$0$0$40,000,000
Low-Income Student Supports$10,791,489$0$0$0
FY20FY21FY22 GovFY22 HWM
New Bedford Chapter 70$0$0$0$0
Payment To Certain Schools$0$0$0$0
Enrollment Growth Aid$0$0$0$0
Chapter 70 Aid$5,319,693,096$5,364,411,985$5,481,304,643$5,503,174,884
Supplemental School Aid to Cities/Towns$0$0$0$0
Education Reform Reserve$0$0$0$40,000,000
Low-Income Student Supports$10,791,489$0$0$0
Professional Development Grants$0$0$0$0