The revenues collected for the Peconic Bay Community Preservation Fund rose modestly in the first four months of 2015, when compared to the same time last year.
From January to April, the fund collected $30.31 million, a 2.2-percent increase over the $29.66 million that was collected during the same time in 2014. The number of transactions was also nominally higher, at 2,347, compared with 2,336 a year ago. However, revenues in April dropped to $7.69 million, compared with $7.81 million the same time last year.
Meanwhile, the revenues collected in each town for the first four months were generally higher when compared to the same time period in 2014. Shelter Island saw the greatest bump, rising 50 percent from $540,000 in 2014 to $810,000 this year. Southold came in second, jumping 35.6 percent, from $1.32 million to $1.79 million year to year. Finally, East Hampton rose 10.2 percent, from $7.95 million in 2014 to $8.76 million.
There were only two municipalities where CPF revenues dropped. Southampton slipped by 2.4 percent, collecting $18.04 million in 2015, down from $18.48 million in 2014. And Riverhead sank 34.8 percent, drawing in $920,000, down from $1.38 million in 2014.
Carey London on May 29, 2015