Peconic Bay Community Preservation Fund Revenues are $56.83 Million for First Seven Months of 2017 Compared with $54.85 Million in 2016

Revenues are 3.6% HIGHER than last year; Cumulative CPF revenues total $1.244 billion

Assemblyman Fred W. Thiele, Jr. (I-Sag Harbor) today reported that 2017 revenues for the Peconic Bay Community Preservation Fund (CPF) for the first seven months produced revenue of $56.83 million. A year ago $54.85 million was collected for the same period, or 3.6% percent MORE than last year. July revenues totaled $7.54 million. CPF revenues for the same month last year were $8.69 million. Since its inception on 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.244 billion. The CPF has generated $95.7 million in the last 12 months. Below are revenues by Town for the first seven months of 2017 compared with 2016.

2016($)2017($)% increase

East Hampton 18.87m 14.86m -21.3%
Riverhead 1.74m 1.73m - .0.1%
Shelter Island 0.92m 1.12m +21.7%
Southampton 30.12m 34.99m +16.2%
Southold 3.22m 4.14m +28.6%

Total 54.85m 56.83m +3.6%