CPFund Revenues

The information on this page is under review. It will be posted when it is ready.

Falmouth initiated participation in the Community Preservation Program in 2005 when residents voted to adopt the Community Preservation Act (CPA) and to convert a 3 percent Cape Cod Land Bank property tax surcharge to a Community Preservation surcharge. At its inception, the Falmouth Community Preservation Fund (CPFund) assumed repayment obligation for $30 million in Land Bank debt. (Massachusetts Community Preservation Act, MGL 44B; Cape Cod Amendment, Chapter 149 s. 298 of the Acts of 2004; Town Code 29 s. 15-22)