06/23/15 2:32pm
06/23/2015 2:32 PM
The view from Route 105 bridge at Indian Island golf course as the Peconic River leads into the Bay. (Credit: Barbaraellen Koch, file)

The view from Route 105 bridge at Indian Island golf course as the Peconic River leads into the bay. (Credit: Barbaraellen Koch, file)

Legislation is awaiting Gov. Andrew Cuomo’s signature that would permit all five East End towns to use up to 20 percent of its Community Preservation Fund dollars for water quality improvement projects. (more…)

03/27/15 11:00am
03/27/2015 11:00 AM

The Peconic Bay Community Preservation Fund has never been just about protecting agriculture, farms and open space. At its heart, the program, which took effect in 1999, has always been about protecting a way of life the rest of Long Island lost long ago to intense — and ongoing — suburban sprawl that began after World War II.  (more…)

03/19/15 2:00pm
03/19/2015 2:00 PM
Waterfront homes in Jamesport along the bay. (Credit: Barbarellen Koch, file.)

Waterfront homes in Jamesport along the bay. (Credit: Barbarellen Koch, file.)

On April 2, East Enders will celebrate an important milestone: The Community Preservation Fund will have generated over $1 billion and preserved more than 10,000 acres of open space and farmland. Approved by voters in 1999, the CPF uses a small tax on real estate purchases to preserve land and protect drinking water.

It is arguably the most successful land preservation program in the country. (more…)

11/12/14 5:30pm
11/12/2014 5:30 PM
A view of Mattituck Inlet (Credit: Carrie Miller, file)

A view of Mattituck Inlet (Credit: Carrie Miller, file)

While lawmakers have proposed legislation to deal with deteriorating water quality such as mandating the use of costly wastewater treatment systems, one East End legislator has an idea for how to go about paying for such initiatives.

Assemblyman Fred Thiele Jr. (I-Sag Harbor) has proposed using a portion of monies raised in the Community Preservation Fund, a law passed 16 years ago which taxes real estate transfers on the first East End towns.

Revenue from the CPF has been devoted strictly to open space purchases, protecting land from development in the towns.

But Mr. Thiele — the same lawmaker who sponsored the original CPF legislation — said it is time to use some of that money for water treatment systems and other clean water projects.

(more…)

02/07/14 8:00am
02/07/2014 8:00 AM
BARBARAELLEN KOCH PHOTO | The Weeping Willow Park on W. Main Street was purchased by the town under its Community Preservation Fund program.

BARBARAELLEN KOCH PHOTO | The Weeping Willow Park on W. Main Street was purchased by the town under its Community Preservation Fund program.

Last year was a pretty good year for the Peconic Bay Community Preservation Fund.

The fund, which uses money raised through a voter-approved 2 percent real estate transfer tax to buy open space and farmland development rights in the five East End towns, brought in a total for 2013 that was up by 43 percent over the previous year. (more…)

02/06/14 12:00pm
02/06/2014 12:00 PM
Annual CPF totals of the five East End towns, year-by-year.

Annual CPF totals of the five East End towns, year-by-year.

One of the last words any taxpayer wants to hear an elected official say is “bankrupt.”

But that’s how Riverhead Town Supervisor Sean Walter describes the town’s Community Preservation Fund. Luckily, the term is not being used literally in this case, though the difference seems to be semantic: The town will be doing nothing besides paying down debt on a loan for another 16 years until it’s paid off.

(more…)