Peconic Bay Community Preservation Fund Revenues are $38.23 Million for First Half of 2019 Compared With $50.17 Million In 2018
Revenues re 23.8% LOWER than last year; Cumulative CPF revenues total $1.42 billion
Assemblyman Fred W. Thiele, Jr. (I-Sag Harbor) today reported that 2019 revenues for the Peconic Bay Community Preservation Fund (CPF) for the first six months produced revenue of $38.23 million. A year ago $50.17 million was collected for the same period, or 23.8% percent LESS than last year. June revenues totaled $8.8 million. CPF revenues for the same month last year were $9.64 million.
Since its inception on 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.42 billion. The CPF has generated $87 million in the last 12 months.
Below are revenues by Town for the first six months of 2018 compared with 2019.
| 2018($) | 2019($) | % increase | |
| East Hampton | 16.77m | 11.72m | -30.1% |
| Riverhead | 2.05m | 1.50m | -26.8% |
| Shelter Island | 0.59m | 0.81m | +37.2% |
| Southampton | 26.88m | 20.61m | -23.3% |
| Southold | 3.88m | 3.59m | -7.5% |
| Total | 50.17m | 49.29m | -23.8% |