Peconic Bay Community Preservation Fund Revenues are $72.96 Million for First Three Quarters of 2018 Compared With $71.34 Million in 2017
Revenues are 2.3% higher than last year; cumulative CPF revenues total $1.356 billion
Assemblyman Fred W. Thiele, Jr. (I, D, WF, WE - Sag Harbor) today reported that 2018 revenues for the Peconic Bay Community Preservation Fund for the first three quarters produced revenue of $72.96 million or 2.3% percent MORE than last year. A year ago, $71.34 million was collected for the same period. September 2018 revenues totaled $6.18 million. CPF revenues for the same month last year were $7.44 million.
Since its inception in 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.356 billion. The CPF has generated $96.83 million in the last 12 months.
Below are revenues by Town for the first nine months of 2018 compared with 2017.
2018($) 2017($) % increase
East Hampton 24.06m 19.18m + 25.4%
Riverhead 3.63m 2.47m + 47.0%
Shelter Island 0.88m 1.26m - 30.2%
Southampton 39.03m 42.90m - 9.0%
Southold 5.35m 5.58m - 4.1%
Total $72.96m 71.34m + 2.3%