Today the Massachusetts Department of Revenue (DOR) released the Community Preservation Trust Fund distribution amounts for each CPA municipality. In accordance with Massachusetts General Law (MGL) Chapter 44B, Section 10, DOR annually distributes monies from the fund in mid-October to cities and towns that have adopted CPA.
All CPA communities will receive a 26.83% match on round one of the trust fund distribution this year, almost identical to the round one match of 26.64% last year. Communities that adopted CPA with a full 3% local property tax surcharge will receive additional revenue on rounds two and three.
for the Coalition's complete report on the trust fund distribution, including a link to a spreadsheet showing the distribution amount for each CPA community.