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

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%