Peconic Bay Community Preservation Fund Revenues are $71.34 Million for First Three Quarters of 2017 Compared With $68.9 Million in 2016

Revenues are 3.5% higher than last year; Cumulative CPF revenues total $1.258 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 three quarters produced revenue of $71.34 million or 3.5% percent MORE than last year. A year ago $68.9 million was collected for the same period. September 2017 revenues totaled $7.44 million or 0.9% MORE than a year ago. CPF revenues for the same month last year were $7.37 million.

Since its inception on 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.258 billion. The CPF has generated $96.19 million in the last 12 months.

Below are revenues by Town for the first nine months of 2016 compared with 2015.

2016($) 2017($) % increase
East Hampton 21.56m 19.18m -11.0%
Riverhead 2.44m 2.47m +1.2%
Shelter Island 1.36m 1.26m -7.4%
Southampton 38.93m 42.90m +10.2%
Southold 4.60m 5.58m +21.3%
Total $68.90m 71.34m +3.5%