Peconic Bay Community Preservation Fund Revenues Are $177.37 Million for First Ten Months of 2021 Compared With $102.61 Million in 2020
Revenues Are 72.9% HIGHER than Last Year; Cumulative CPF Revenues Total $1.777 Billion
Assemblyman Fred W. Thiele, Jr. (I-Sag Harbor) today reported that revenues for the Peconic Bay Community Preservation Fund (CPF) for the first ten months of 2021 totaled $177.37 million. In 2020, $102.61 million was collected for the same period. The revenues for 2021 are 72.9% MORE than the same ten month period in 2020. October revenues totaled $18.49 million. CPF revenues for the same month last year were $17.93 million. Since its inception in 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.777 billion. The CPF has generated $214.18 million in the last 12 months.
Thiele stated, “Revenues for the CPF in October 2021 are higher than a year ago. This marks the 15th straight month that revenues have exceeded $10 million. Revenue for October is the highest since June of this year.”
Below are revenues by Town for the first ten months of 2021 compared with 2020.
2021($) | 2020($) | % increase | |
East Hampton | 56.84m | 30.15m | +88.5% |
Riverhead | 5.43m | 3.62m | +50.0% |
Shelter Island | 3.86m | 2.00m | +93.0% |
Southampton | 100.33m | 59.73m | +67.0% |
Southold | 10.92m | 7.12m | +53.4% |
Total | 177.37m | 102.61m | +72.9% |