Town Allocates $2.59 Million in Community Preservation Act Revenues for FY2027

Related Topics: FY27 Budget

Key Points

  • $2.59 million in total CPA revenue estimated for FY2027
  • 10% ($259,217) set aside for Historic, Open Space, and Affordable Housing categories
  • $125,000 allocated for CPC administrative costs

Town Meeting voters approved the mandatory set-asides for the Community Preservation Committee (CPC) under Article 16, allocating an estimated $2.59 million in revenue for the upcoming fiscal year. CPC Chair Dennis Keller clarified for the hall that the Community Preservation Act (CPA) funds are generated through a 3% surcharge on tax bills, rather than the assessed value of properties.

The approved measure allocates $259,217—representing the mandatory 10% set-aside—to each of the three core CPA categories: Historic Preservation, Open Space, and Affordable Housing. Additionally, $125,000 was approved for administrative expenses. The vote ensures that Marshfield remains in compliance with state CPA requirements while preparing for the project-specific appropriations that followed in later articles.

Motion: To set aside $259,217 for each of the three categories and $125,000 for administration.

Vote: Passed