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%|
|Shelter Island||1.54||3.08||+ 100%|