In fiscal year 2024, Lynnfield is set to get an extra $217,213 in funding as the state allocates $100 million in grants to support transportation infrastructure in cities and towns, state Rep. Bradley H. Jones Jr. and state Sen. Brendan Crighton announced Wednesday morning.
According to Jones’ office, this additional funding comes on top of the regular Chapter 90 allocation, which was approved by the state House and Senate on July 27 and signed into law on Aug. 3. For FY24, Lynnfield received $412,336.57 from this legislation for road and bridge repairs.
“This new infusion of grant funding will allow Lynnfield to carry out critical infrastructure improvements to address the town’s local transportation priorities,” Jones said. “This program is a perfect example of the legislature’s ongoing commitment to fostering stronger state and municipal partnerships that will benefit all residents of the Commonwealth.”
According to Jones’ and Crighton’s offices, the legislature authorized a fresh round of transportation infrastructure funding in the FY24 state budget.
According to a press release, the funding is divided using a two-part formula. The first $50 million follows the traditional Chapter 90 formula, considering local road mileage (58.33%), population (20.83%), and employment (20.83%). The remaining $50 million is allocated based on each community’s road-mileage share.
For Lynnfield, this translates to $114,129 for road mileage and $103,084 based on the Chapter 90 formula, resulting in a total apportionment of $217,213. According to the press release, cities and towns have the flexibility to use this new grant funding for various construction, preservation, and improvement projects, including the installation of sidewalks, bicycle lanes, crossing signals, and other transportation infrastructure.
“Recognizing the significant need for improved transportation infrastructure, the legislature has increased funding for our municipalities in recent years,” Crighton said. “We must continue to make these types of targeted transportation investments, which are crucial to improving mobility and safety for all.
