Island sees first boost in CPF money

While all other East End Towns saw increases in their Community Preservation Fund revenues - money resulting from a 2 percent tax buyers pay for property purchases in Suffolk County - Shelter Island's CPF funds continued showing a downturn from 2013. But in the most recent numbers released by Assemblyman Fred Thiele Jr. , Shelter Island now shows a 5.4 percent increase in CPF money with $1.76 million for the first 10 months of 2014 as compared with $1.67 million for the same period last year.

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