Assemblyman Fred W. Thiele, Jr. (I-Sag Harbor) today reported that revenues for the Peconic Bay Community Preservation Fund (CPF) for the first 7 months of 2013 produced revenue of $52.67 million. A year ago $34.57 million was collected for the same period, or 52.4 percent more than last year. July revenues totaled $8.80 million. CPF revenues for the same month last year were $4.95 million.
Since its inception on 1999, the Peconic Bay Regional Community Preservation Fund has generated $841.97 million.
The number of transactions for the first seven (7) months of 2013 was 4,840 compared with 3,533 a year ago
Thiele stated, "At the half year mark, CPF revenues are on track to produce over $90 million, the highest annual total since 2007, before the Great Recession."
Below are revenues by Town for the first six months of 2013 compared with 2012.
|
2012($) | 2013($) | % increase |
East Hampton | 10.45m | 16.86m | +61.3% |
Riverhead | 0.93m | 1.37m | +47.3% |
Shelter Island | 0.62m | 1.36m | +119.4% |
Southampton | 20.56m | 30.85m | +50.0% |
Southold | 2.02m | 2.23m | +10.4% |
Total | $34.57m | $52.67m | +52.4% |