When Massachusetts cities and towns vote to adopt the Community Preservation Act (CPA), they become eligible for state matching grants that help fund CPA projects. 172 cities and towns – nearly half of all the cities and towns in Massachusetts – have adopted CPA and collectively raised $1.75 billion dollars for community preservation. Over 9,000 CPA projects have been completed to date, including the protection of 26,000 acres of open space and preservation of 4,400 historic resources.
The Department of Revenue released its annual budget memo to municipalities last week, and it includes an estimate of a 15% funding match (based on what communities levy through surcharges on property taxes) for the first round of FY2018 CPA Trust Fund distribution. Cities and towns that adopted a surcharge of 3% will receive additional funding in rounds two and three.
Unfortunately, this 15% estimate does not include Boston Springfield, Holyoke, Pittsfield and all other cities and towns that recently adopted CPA, as they won’t receive their first match until the fall of 2018. So, unless the legislature acts to support the CPA Trust Fund, the match will take another big drop next year. Mass Audubon continues to advocate in support of An Act to Sustain Community Preservation Revenue, which would adjust the recording fees at the Registries of Deeds to provide a higher match to all 172 CPA communities.