Last month, the state Senate approved an amendment to the FY18 state budget that would increase the state match for Community Preservation Act (CPA) communities. Without immediate action to adjust the recording fees at the state’s Registries of Deeds, the CPA Trust Fund distribution for the 172 participating communities will plunge to an all-time low of approximately 11% of locally-raised revenues in 2018.
When CPA was signed into law by Governor Cellucci in 2000, it was heralded as a true partnership between the Commonwealth and local communities. Today however, a large gap has developed between the approximately $150 million invested annually by the 172 CPA cities and towns and the $26 million contributed by the state. A nominal $25 adjustment in recording fees would increase the base CPA state match to approximately 32%, which is the historic average distribution over the last eight years.
A conference committee is now reconciling the House and Senate versions of the budget. Because the CPA amendment was only included in the Senate’s version of the budget, the House side of the conference committee must agree to keep it in the final version. We need to make sure this happens, and you can help!
Please call your state Representative and ask him/her to contact the offices of Speaker Robert DeLeo, Ways & Means Chairman Brian Dempsey, and the rest of the budget conference committee and encourage them to include the CPA Trust Fund increase in the final FY18 budget. You can let them know that increasing the Trust Fund will help advance land protection and sustainable development for communities across the Commonwealth.