Peconic Bay Community Preservation Fund Revenues for 2021 Total $210.64 Million Compared with $139.42 Million in 2020
CPF Revenues INCREASE 51.1% over 2020; the Highest Annual Total for CPF Revenue in History
February 14, 2022
Assemblyman Fred W. Thiele, Jr. (I-Sag Harbor) today reported the Peconic Bay Community Preservation Fund (CPF) produced $210.64 million in revenue for the Peconic Bay Region in 2021. Revenue for 2021 was 51.1% HIGHER than in 2020. Since its inception in 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.81 billion.
This is the highest annual total for CPF revenue in history, topping last year’s record-breaking total. December 2021 totaled $15.59 million compared with $21.31 million a year ago. This marks the 16th straight month that revenues have exceeded $10 million.
Below are revenues by Town for 2021 compared with 2020 and the annual revenues by Town since 1999 (table attached).
| 2021 (m) | 2020 (m) | % increase | |
|---|---|---|---|
| East Hampton | 66.77 | 40.94 | + 63.1% |
| Riverhead | 6.90 | 4.94 | +39.7% |
| Shelter Island | 4.97 | 3.08 | +61.4% |
| Southampton | 118.38 | 80.71 | +46.7% |
| Southold | 13.62 | 9.75 | +39.7% |
| Totals | 210.64 | 139.42 | +51.1% |