Preservation Fund Spikes in First Quarter As Shelter Island’s Revenue Nearly Triples

First quarter revenues for the Peconic Bay Community Preservation (CPF) were the largest in the fund’s 23-year history, Assemblyman Fred W. Thiele Jr. reported late last week. The community preservation fund, which generates money from a 2% tax on all real estate transfers, received $55.22 million in the first quarter of 2021, a 78.6% jump … Continue reading Preservation Fund Spikes in First Quarter As Shelter Island’s Revenue Nearly Triples