Income from a real estate transfer tax into the Peconic Bay Region Community Preservation Fund continued to rise this year in all five East End towns, providing money for the public purchase of land for open space, historic preservation, and farmland protection.
In East Hampton, the fund has swelled to about $42 million, Scott Wilson, the town’s director of land acquisition and management, said Tuesday. Of that, $2.7 million will be spent this year on debt from previous land purchases.