Revenue generated by the Fair Share Amendment is being distributed using a two-prong formula, with $50 million being awarded using the traditional transportation-related Chapter 90 formula, which factors in a community’s local road mileage (58.33%), population (20.83%) and employment (20.83%). The remaining $50 million will be distributed based on each community’s share of road mileage.
Newburyport will receive $243,783 in additional funding in fiscal 2024, while Salisbury will receive $120,110.
“These investments give our municipalities the leeway to pursue their important priorities," Rep. Dawne Shand said.
