Peconic Bay Community Preservation Fund (CPF) Revenues for February 2015 Total $6.95 Million
Two month total is $15.32 million compared with $14.61 million a year ago, or an increase of 4.9%
March 23, 2015
Assemblyman Fred W. Thiele, Jr. (I-Sag Harbor) today reported that revenues for the Peconic Bay Community Preservation Fund produced $6.95 million in revenue for the Peconic Bay Region for February 2015 compared with $7.60 million a year ago, or an 8.6% decrease for the month. The year-to-date total is $15.32 million. This compares with $14.61 million a year ago, or a 4.9% increase. Since its inception in 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.00784 billion for the life of the CPF Program.
In the last 12 months, the CPF has generated $108.40 million. The 2% transfer tax under the CPF expires in 2030
Below are revenues by Town to date for 2014 compared with the same period in 2015:
| ($)2014 | ($)2015 | %increase | |
| East Hampton | 3.66m | 4.17m | +13.9% |
| Riverhead | 0.44m | 0.36m | -18.2% |
| Shelter Island | 0.51m | 0.36m | -29.4% |
| Southampton | 9.41m | 9.74m | +3.5% |
| Southold | 0.59m | 0.68m | +15.3% |