Peconic Bay Community Preservation Fund Revenues for The First Two Months of 2022 Total $39.28 Million

Revenues for the First 2 Months of 2022 Are 6% Higher Than 2021

Assemblyman Fred W. Thiele, Jr. (I-Sag Harbor) today reported that revenues for the Peconic Bay Community Preservation Fund (CPF) were $39.28 million for the Peconic Bay Region for the first two (2) months of 2022. This compares with $37.06 million for the same period in 2021. This is a 6% increase over last year. February revenues totaled $14.59 for February 2022, compared with $16.0 million in February 2021. Over the last 12 months, the CPF Fund has generated $212.85 million Since its inception in 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.850 billion. This is the 18th consecutive month that revenues have exceeded $10 million.

Below are revenues by Town or the first two (2) months of 2022 compared with 2021:

2022 2021 % increase
East Hampton $12.13m $12.79m -5.2%
Riverhead $1.20m $1.23m -2.4%
Shelter Island $0.92m $1.01m -8.9%
Southampton $22.68m $20.01m +13.3%
Southold $2.35m $2.02m +16.3%
Total $39.28m $37.06m +6.0%