Update 8/5/2019: Great news – Governor Baker signed the FY20 budget last week, and it included these CPA funding increases. Thanks to everyone who contacted their legislators and Governor Baker in support of CPA!
The Community Preservation Act (CPA) helps cities and towns preserve open space and historic sites, create affordable housing, and develop outdoor recreational facilities. Since it went into effect in 2000, CPA has been adopted by 175 communities (50% of the Commonwealth’s cities and towns), and has helped preserve 29,289 acres of open space.
When a city or town votes to adopt CPA, they agree to add a small surcharge to local property taxes, which goes into a dedicated fund for these projects. In exchange, they receive matching funds from the Statewide CPA Trust Fund, which is generated from Registry of Deeds recording fees.
As the number of CPA communities has increased, however, Trust Fund payouts to CPA communities have declined. Fortunately, we now have a chance to change that pattern.
The FY20 budget has been sent to Governor Baker’s desk for his final approval, and it includes a long-overdue increase to recording fees from $20 to $50 – a change that would provide the Trust Fund with an additional $36 million per year! The budget also includes a one-time transfer of $20 million to the Trust Fund from the state’s FY19 tax collection surplus.
Combined, these fixes would stabilize CPA and boost future matching funds for communities to use in local projects.
You can help make this happen! Our Community Preservation Coalition has launched a campaign to generate hundreds of phone calls to the Governor’s hotline, urging him to sign the bill. It only takes two minutes – please call today and let Governor Baker know it’s time to #SaveCPA!