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