Peconic Bay Community Preservation Fund Revenues are $72.96 Million for First Three Quarters of 2018 Compared With $71.34 Million in 2017

Revenues are 2.3% higher than last year; cumulative CPF revenues total $1.356 billion

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 three quarters produced revenue of $72.96 million or 2.3% percent MORE than last year. A year ago, $71.34 million was collected for the same period.  September 2018 revenues totaled $6.18 million. CPF revenues for the same month last year were $7.44 million.   

Since its inception in 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.356 billion. The CPF has generated $96.83 million in the last 12 months. 

Below are revenues by Town for the first nine months of 2018 compared with 2017.

                                    2018($)                        2017($)                        % increase

East Hampton             24.06m                        19.18m                        +   25.4%                    

Riverhead                      3.63m                          2.47m                        +    47.0%

Shelter Island                0.88m                          1.26m                        -     30.2%

Southampton                39.03m                       42.90m                        -       9.0%

Southold                       5.35m                          5.58m                        -       4.1%

Total                            $72.96m                      71.34m                        +       2.3%