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State Announces 2015 Funding for CPA

Published on Tuesday, 11/17/2015 2:56 pm | by Community Preservation Committee | Automatically Archived on 5/15/2016

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The Sudbury Community Preservation Committee (CPC) announces that it has received a 32% match from the state for funds raised under the Community Preservation Act (CPA). Based upon Sudbury’s FY15 CPA surcharge revenue of $1,668,843, the state match for the current year comes to $534,729

These funds are part of the roughly $36 million that the Massachusetts Department of Revenue distributed on November 17th to the 156 eligible communities currently participating in the CPA.

Although collections for CPA at the Registries of Deeds have increased slightly over the past year, this year’s distribution included an additional $10 million in state budget surplus funding.  

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