Peconic Bay Community Preservation Fund Revenues for 2020 Total $139.42 Million Compared with $77.88 Million in 2019
CPF revenues INCREASE 79% over 2019
February 1, 2021
Assemblyman Fred W. Thiele, Jr. today reported that revenues for the Peconic Bay Community Preservation Fund (CPF) produced $139.42 million in revenue for the Peconic Bay Region in 2020. Revenue for 2020 was 79% HIGHER than in 2019. Since its inception in 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.6 billion.
This is the highest annual total for CPF revenue in history topping $107.69 million generated in 2014. December 2020 totaled 21.31 million, the highest single month in the history of the program. 7 out of 12 months in 2020 produced revenues in excess of $10 million.
Below are revenues by Town for 2020 compared with 2019 and the annual revenues by Town since 1999 (Please click here to view the table).
2019 (m) | 2020 (m)% | Increase | |
East Hampton | 22.65 | 40.94 | + 80.8% |
Riverhead | 3.42 | 4.94 | + 44.4% |
Shelter Island | 1.54 | 3.08 | + 100% |
Southampton | 42.86 | 80.71 | + 88.3% |
Southold | 7.41 | 9.75 | + 31.6% |
Totals | 77.88 | 139.42 | + 79.0% |