Tuesday, July 31, 2012

Community Preservation Act update

The North Weekly section of this Sunday's Globe had a story about local reaction to changes made in the state's Community Preservation Act.  While the new amendment bans the use of CPA funds for the installation and upkeep of artificial turf fields (something that's become quite popular for use on high school football fields) it does still permit the funds to be used for site prep and drainage for such fields.  The sting of this new limitation is mitigated somewhat by the infusion by the state of an additional $25 million into the CPA account.  That account, which is normally funded through a document surcharge collected at the registry of deeds, has not kept up with expenditures because of the lengthy real estate slump.

Here are the Middlesex North totals of CPA funds collected since the fund began in 2002:

  • 2002 - $2,406,020
  • 2003 - $2,864,240
  • 2004 - $1,895,030
  • 2005 - $1,703,090
  • 2006 - $1,421,560
  • 2007 - $1,276,270
  • 2008 - $1,068,900
  • 2009 - $1,251,800
  • 2010 - $1,953,360
  • 2011 - $1,106,980  

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