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Community Preservation Committee budget received and referred to full council; FY26 estimate $1.82 million
Summary
The Committee on Finance received the Community Preservation Act (CPA) FY26 budget and referred it to the full City Council. Committee members heard that up to 5% is proposed for administrative funds, 10% each for open space, historic resources and community housing, and about 65% reserved; FY26 estimate is $1,823,511 (estimate pending DOR CP-2).
The Committee on Finance received and placed on file the Community Preservation Act (CPA) committee's FY26 budget recommendation and referred it to the full City Council for adoption.
Jan (Community Preservation Committee) told the committee the office proposes up to 5% of CPA receipts for administrative expenses (consultants, staff, printing, dues), 10% each for open space/recreation, historic resources, and community housing, and that approximately 65% of CPA receipts would go to the budget reserve. The committee estimated next year's CPA budget at $1,823,511 but noted that final figures depend on the Department of Revenue's CP-2 certification.
Councilors asked clarifying questions about the state match (the state match figure cited was $250,162 as an estimate and can vary with transfer-tax receipts). The motion to refer the CPA FY26 budget to the full City Council for adoption was made by Councilor Perera and seconded by Councilor Lopes; the committee voted to refer the item with no recorded opposition.
The CPA committee representatives said they were available to answer questions but did not present further details. The CPA budget item will be placed on the City Council agenda for consideration on Sept. 25.
