Peconic Bay Community Preservation Fund Revenues are $81.27 Million for First Ten Months of 2018 Compared With $78.88 Million in 2017
Revenues are 3.0% HIGHER than last year; Cumulative CPF revenues total $1.365 billion
Assemblyman Fred W. Thiele, Jr. (I, D, WF, REF - Sag Harbor) today reported that revenues for the Peconic Bay Community Preservation Fund for the first ten months of 2018 produced revenue of $81.27 million. A year ago $78.88 million was collected for the same period, or 3.0% percent MORE than last year. October revenues totaled $8.31 million. CPF revenues for the same month last year were $7.53 million.
Since its inception in 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.364 billion. The CPF has generated $97.6 million in the last 12 months.
Below are revenues by town for the first ten months of 2018 compared with 2017.
2017($) 2018($) % increase
East Hampton 21.64m 26.82m + 23.9%
Riverhead 2.82m 4.04m + 43.3%
Shelter Island 1.35m 0.97m - 28.1%
Southampton 47.09m 43.30m - 8.0 %
Southold 5.98m 6.14m + 2.7%
Total $78.88m 81.27m + 3.0%