Assemblyman Fred W. Thiele, Jr. (I-Sag Harbor) today reported that revenues for the Peconic Bay Community Preservation Fund (CPF) for the first nine months of 2014 produced revenue of $71.82 million. A year ago $64.7 million was collected for the same period, or 11% more than last year. September revenues totaled $7.68 million. CPF revenues for the same month last year were $6.16 million. Since its inception on 1999, the Peconic Bay Regional Community Preservation Fund has generated $956.56 million. The CPF has generated $102.57 million in the last 12 months.

Thiele stated, "The CPF continues to see steady growth in revenues in the first nine months of 2014, exceeding 2013 by 11%. 2013 was the second largest year for CPF revenues, exceeded only by 2007. For the first nine months, CPF revenues have been consistently between $7 and $10 million per month. This reflects the continued strength and stability in East End real estate and the continued availability to local Towns of the necessary revenues to protect community character."

Thiele added, "At the 3/4th year mark, CPF revenues are on track to produce more than $95 million, the highest annual total since 2007 before the Great Recession."

Below are revenues by Town for the first nine months of 2014 compared with 2013.