Peconic Bay Community Preservation Fund Revenues are $56.83 Million for First Seven Months of 2017 Compared with $54.85 Million in 2016
Revenues are 3.6% HIGHER than last year; Cumulative CPF revenues total $1.244 billion
August 28, 2017
Assemblyman Fred W. Thiele, Jr. (I-Sag Harbor) today reported that 2017 revenues for the Peconic Bay Community Preservation Fund (CPF) for the first seven months produced revenue of $56.83 million. A year ago $54.85 million was collected for the same period, or 3.6% percent MORE than last year. July revenues totaled $7.54 million. CPF revenues for the same month last year were $8.69 million.
Since its inception on 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.244 billion. The CPF has generated $95.7 million in the last 12 months.
Below are revenues by Town for the first seven months of 2017 compared with 2016.
2016($) | 2017($) | % increase | |
East Hampton | 18.87m | 14.86m | -21.3% |
Riverhead | 1.74m | 1.73m | - .0.1% |
Shelter Island | 0.92m | 1.12m | +21.7% |
Southampton | 30.12m | 34.99m | +16.2% |
Southold | 3.22m | 4.14m | +28.6% |
Total | 54.85m | 56.83m | +3.6% |