Peconic Bay Community Preservation Fund Revenues are $81.27 Million for First Ten Months of 2018 Compared With $78.88 Million in 2017

Revenues are 3.0% HIGHER than last year; Cumulative CPF revenues total $1.365 billion

Assemblyman Fred W. Thiele, Jr. (I, D, WF, REF - Sag Harbor) today reported that revenues for the Peconic Bay Community Preservation Fund for the first ten months of 2018 produced revenue of $81.27 million. A year ago $78.88 million was collected for the same period, or 3.0% percent MORE than last year.  October revenues totaled $8.31 million. CPF revenues for the same month last year were $7.53 million.   

Since its inception in 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.364 billion. The CPF has generated $97.6 million in the last 12 months.

Below are revenues by town for the first ten months of 2018 compared with 2017.

                                    2017($)                        2018($)                        % increase

East Hampton             21.64m                        26.82m                        +    23.9%                 

Riverhead                      2.82m                        4.04m                          +    43.3%

Shelter Island                1.35m                        0.97m                          -     28.1%

Southampton               47.09m                        43.30m                        -       8.0 %

Southold                       5.98m                        6.14m                          +      2.7%

Total                            $78.88m                      81.27m                        +    3.0%