Assemblyman Fred W. Thiele, Jr. (I-Sag Harbor) today reported that 2017 revenues for the Peconic Bay Community Preservation Fund (CPF) for the first six months produced revenue of $49.29 million. A year ago $46.16 million was collected for the same period, or 6.8% percent MORE than last year. June revenues totaled $11.23 million. CPF revenues for the same month last year were $7.38 million. Since its inception on 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.236 billion. The CPF has generated $96.85 million in the last 12 months. This month’s revenue total of $11.23 million is the largest monthly revenue total since December 2014. Thiele stated, “Revenues have shown increasing strength in the last four months. From March-June 2017, revenues are $7.25 million higher than the same period in in 2016. These revenues increases demonstrate a strengthening real estate market on the East End. Revenues are down by 20% in East Hampton but have exhibited double digit growth in the other four Towns. CPF revenues are on pace to reach $100 million for the year.” Below are revenues by Town for the first six months of 2016 compared with 2017.