They are an increment invented by men to be used to measure the time light takes to cross from point A to point B in an expanding piece of space. The expansion is being included in the increment. Similar to how zero to one hundred degrees (Celsius) is the incremental scale that measures the temperature change taking place between the point at which water freezes, and the point at which it boils. The changing is included.
... Through an expanding field of space.
It's both constant AND/OR increasing/decreasing, depending on from what context we are measuring it. If we are measuring the light-speed from within the bubble of expanding space, it remains constant. But if we are measuring it from some context beyond or outside of the expanding bubble of space within which it is traveling, it would be faster or slower or constant depending on the light-speed in the space (context) we are observing it from.
The calculations are never inaccurate so long as the math is done right. They are only inaccurately applied to the circumstances being studied. And that can happen easily. Mostly because we don't even know all the circumstances involved. But being inaccurate does not necessarily mean we're wrong. It's just means we don't have the complete picture. And when it comes to the universe, we very obviously do not have the complete picture. Cosmologists estimate that have about
13% of the whole picture. That's a LOT of "I don't knows"!