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Topic

Community Preservation Fund

Pandemic’s hot real estate market drives East End preservation tax revenues to historic high

by Feb 3, 2021
Peconic Bay Community Preservation Fund's revenues in 2020 — $139.42 million —were higher than any other year in the preservation program's 22-year history.
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Slumping real estate sales mean 31% drop in transfer-tax revenue for Riverhead

by Oct 28, 2019
Riverhead's Community Preservation Fund revenues are more than 31% so far compared to 2018, thanks to a regional slow-down in the real estate market.

Preservation fund revenues rise in 2017, up 8.3 percent in Riverhead

by Feb 24, 2018
Real estate transfer tax revenues in 2017 reached the fourth highest total in the 19-year history of the program, Assemblyman Fred Thiele announced this week.

Second quarter home sales surge in Riverhead, boosting CPF tax revenues

by Aug 1, 2017
Second quarter sales in Riverhead Town topped $51 million, an increase of almost 19 percent over the second quarter of 2016.

Riverhead Town gets encouraging words from Moody’s but no credit upgrade

by Jun 7, 2017
Moody's Investors Service does not change Riverhead Town's credit rating but offers positive comments about the town's fiscal condition.

In My Opinion Why you should vote ‘yes’ for Prop One – for land preservation and water quality

by Oct 6, 2016
Residents of the Town of Riverhead, you and I have what it takes to shape the future of our community, ensure our rural quality of life, and continue to protect our critical, natural resources.