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voted for just a 1% or 1.5% surcharge (Watertown adopted a 2% surcharge), the impact of these <br />additional communities on future state disbursements will be seen in FYI 8. <br />While Lexington's FYI state match is heavily impacted by the lack of state budget surplus <br />funds and its FYI state match expected to be impacted by the additional CPA communities, <br />CPA advocates hope that these foreseeable decreases will strengthen the effort to pass legislation <br />that calls for a permanent fix to the CPA Trust Fund. A piece of legislation introduced in 2015 <br />entitled, An Act to Sustain Community Preservation Revenue, calls for a review of the fees <br />collected at the Registries of Deeds (the trust fund's primary source of funding). The current <br />transaction fees have not been adjusted since the CPA was signed into law in 2000. If passed, it <br />would call upon the Department of Revenue to calculate the necessary fees that would allow for <br />all CPA communities to receive a 50% match in their first round distribution. The bill received a <br />favorable recommendation from the Joint Committee on Revenue in 2015. An update on this <br />legislation is expected in January 2017. <br />The Lexington CPC consists of nine members, one each appointed by the Conservation <br />Commission, Planning Board, Housing Authority, Historical Commission, Housing Partnership <br />and Recreation Committee, and three at -large members appointed by the Board of Selectmen. <br />The Committee is supported by a part-time Administrative Assistant. <br />The CPC is required to study the "needs, possibilities and resources" for community preservation <br />in Lexington. To that end, the Committee has reviewed existing plans and documents related to <br />the four purposes designated for funding under the CPA: open space, historic resources, <br />community housing and recreation. <br />In reviewing new projects, the CPC: <br />• Acts as a reviewing body for projects which fall within the CPA purview; <br />• Acts as a funder, not a developer; <br />• Seeks to advance community goals previously set forth in public documents that have <br />received wide review and public input; <br />• Attempts to meet multiple community preservation goals in its selection of projects to <br />recommend to Town Meeting, and to the extent possible, meet multiple goals within each <br />project; and <br />• Communicates its mission and goals to applicants, to other community boards and <br />committees and to the general public. <br />After completion of its review, the CPC's recommendations are forwarded to Town Meeting for <br />discussion and voting by Town Meeting members. <br />Purpose <br />This Needs Assessment Report ("the Assessment") is a summary of the CPC's work in <br />developing community preservation goals for Lexington. The CPC has attempted to synthesize <br />M <br />