Inflation Rate Multipliers
The following is a listing of the inflation rate multipliers used in the Capped Value and "Headlee" calculations since the start of Proposal A. The calculation of the Inflation Rate Multiplier is set in statute in MCL 211.34d. Click
here for more details.
| 1995 |
1.026 |
1996
|
1.028 |
1997
|
1.028
|
1998
|
1.027 |
1999
|
1.016 |
| 2000 |
1.019 |
2001
|
1.032 |
2002
|
1.032 |
| 2003 |
1.015 |
| 2004 |
1.023 |
2005
|
1.023 |
2006
|
1.033 |
2007
|
1.037 |
2008
|
1.023 |
2009
|
1.044 |
2010
|
0.997 |
2011
|
1.017 |
2012
|
1.027 |
2013
|
1.024 |
2014
|
1.016 |
2015
|
1.016 |
2016
|
1.003 |
| 2017 |
1.009 |
| 2018 |
1.021 |
| 2019 |
1.024 |
| 2020 |
1.019 |
| 2021 |
1.014 |
| 2022 |
1.033 |
| 2023 |
1.050 |
| 2024 |
1.050 |