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a review of the fees collected at the Registries of Deeds (the trust fund's primary source of <br /> funding). If passed, it would require the Department of Revenue to calculate the necessary <br /> fees that would allow for all CPA communities to receive a 50%match in their first round <br /> distribution. The bill, co-sponsored by 121 legislators,received a positive recommendation <br /> from the Joint Committee on Revenue in May 2017. The State Senate voted to increase the <br /> deeds recording fees but unfortunately the vote did not become law, having been removed <br /> in the conference committee process. The Community Preservation Coalition, a non-profit <br /> statewide organization that engages in CPA legislative advocacy and lobbying, was able to <br /> secure a vital meeting with Speaker of the House Robert DeLeo in January 2018 to <br /> emphasize the importance of stabilizing the annual state match component of the CPA. <br /> The Coalition's next step is to meet with the House Committee on Ways and Means which <br /> is currently reviewing the bill. <br /> Given the increased number of CPA communities competing for limited funds and the <br /> uncertainty of future state budget surplus transfers and pending legislation, the Town <br /> projects a conservative 15% state match estimate for FYI 9. The chart below shows the <br /> state matching funds received to-date. <br /> Record of Lexington's CPA State Matching Funds <br /> (Source: Massachusetts Department of Revenue) <br /> CPA STATE MATCHING FUNDS <br /> TO DATE <br /> FISCAL PERCENTAGE AMOUNT <br /> YEAR <br /> 2008 100.00 $2,556,362 <br /> 2009 69.40 $1,927,708 <br /> 2010 36.17 $1,060,390 <br /> 2011 28.22 $858,729 <br /> 2012 27.62 $885,463 <br /> 2013 27.79 $929,507 <br /> 2014 54.09 $1,932,347 <br /> 2015 32.56 $1,230,116 <br /> 2016 30.70 $1,229,774 <br /> 2017 21.30 $897,243 <br /> 2018 17.80 $789,905 <br /> TOTAL . . <br /> Community Preservation Committee <br /> The CPA requires each adopting community to appoint a Community Preservation Committee. <br /> By Lexington Bylaw, the CPC comprises nine members, of whom three are appointed by the <br /> Board of Selectmen as at-large members and six are appointed by the following boards and <br /> 3 <br />