Peconic Bay Community Preservation Fund Revenues Total $8.94 Million in May 2018
Assemblyman Fred W. Thiele, Jr. (I, D, WF, WE - Sag Harbor) today reported that 2018 revenues for the Peconic Bay Community Preservation Fund for the first 5 months produced revenue of $40.53 million. A year ago, $38.07 million was collected for the same period. This represents a 6.5% increase. Since its inception in 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.323 billion. The 2% tax under the CPF expires in 2050. Below are revenues by Town for the first five months of 2018 compared with 2017.
|East Hampton||12.86m||10.10m||+ 21.5%|
|Shelter Island||0.47m||0.80m||- 41.3%|