Assemblyman Fred W. Thiele, Jr. reported this week revenues for the Peconic Bay Community Preservation Fund (CPF) produced $11.03 million in October 2013. This compares with $6.02 million a year ago. The 10-month total for 2013 of $75.73 million is 50.9 percent higher than a year ago for the same period when $50.19 million was collected, according to Thiele.
Since its inception in 1999, the Peconic Bay Regional Community Preservation Fund has generated $865.03 million. The CPF expires in 2030. The CPF has generated $92.38 million over the last 12 months. Based on recent activity, CPF revenues are projected to be in the $90 million range for 2013. Revenues for 2012 totaled $66.84 million.