2020-03-00-CPC-ATM-rpt - Laserfiche WebLink

Browse Search

dollars in revenue, totaling $60 million annually to be distributed to CPA communities. The November 2020 distribution will be calculated based on of two months at the old fee rate (November -December 2019) and ten months at the new fee rate (January- October 2020). The first distribution to CPA communities that will include a full year of revenue at the new rate will be made on October 31, 2021. Given the increased number of CPA communities competing for limited funds and the uncertainty of future state budget surplus transfers, the Town projects a conservative state match estimate for FY21, calculated using two months at a 12% rate and 10 months at a 30% rate. The chart below shows the state matching funds received to date. Record of Lexington's CPA State Matching Funds (Source: Massachusetts Department of Revenue) CPA STATE MATCHING FUNDS TO DATE FISCAL PERCENTAGE AMOUNT YEAR 2008 100.00 $2,556,362 2009 69.40 $1,927,708 2010 36.17 $1,060,390 2011 28.22 $858,729 2012 27.62 $885,463 2013 27.79 $929,507 2014 54.09 $1,932,347 2015 32.56 $1,230,116 2016 30.70 $1,229,774 2017 21.30 $897,243 2018 17.80 $789,905 2019 19.80 $922,256 2020 24.80 $1,219,950 TOTAL $16,439,750 Community Preservation Committee The CPA requires each adopting community to appoint a Community Preservation Committee. By Lexington Bylaw, the CPC comprises nine members, of whom three are appointed by the Board of Selectmen as at -large members and six are appointed by the following boards and committees: Planning Board, Conservation Commission, Historical Commission, Housing Partnership, Housing Authority, and Recreation Committee. Marilyn Fenollosa, the representative from the Historical Commission, currently serves as Chair, with Charles Hornig from the Planning Board serving as Vice -Chair. The CPC welcomed one new member in 2019: David Langseth (Conservation Committee Appointee). 3