Peconic Bay Community Preservation Fund Revenues are $71.34 Million for First Three Quarters of 2017 Compared With $68.9 Million in 2016
Revenues are 3.5% higher than last year; Cumulative CPF revenues total $1.258 billion
November 20, 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 three quarters produced revenue of $71.34 million or 3.5% percent MORE than last year. A year ago $68.9 million was collected for the same period. September 2017 revenues totaled $7.44 million or 0.9% MORE than a year ago. CPF revenues for the same month last year were $7.37 million.
Since its inception on 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.258 billion. The CPF has generated $96.19 million in the last 12 months.
Below are revenues by Town for the first nine months of 2016 compared with 2015.
2016($) | 2017($) | % increase | |
East Hampton | 21.56m | 19.18m | -11.0% |
Riverhead | 2.44m | 2.47m | +1.2% |
Shelter Island | 1.36m | 1.26m | -7.4% |
Southampton | 38.93m | 42.90m | +10.2% |
Southold | 4.60m | 5.58m | +21.3% |
Total | $68.90m | 71.34m | +3.5% |