A CPA fund is a dedicated fund for local community preservation projects and is composed of the following:
Approximately $499,435 is expected to be raised in the first year for Hull. Any funds raised by the CPA can be used as leverage for additional grant money or bonding.
Adoption of the CPA will create a dedicated fund for the following four (4) purposes:
Each year, the money raised must fund or be set aside as follows: 10% for open space or recreation, 10% for community housing, 10% for historic preservation and the remaining 70% across any or all of the categories.
Hull has needs across all of these areas and not enough money to fund them.
Adoption of the CPA was first passed at the 2016 Annual Town Meeting.
If approved by voters on Election Day, a Community Preservation Committee (CPC) will be created to decide how to appropriate funds. The CPC will be made up of seven (7) people as follows:
Use of funds approved by the CPC must also be approved by the citizens of Hull at the Annual Town Meeting.
The CPC will make recommendations to the citizens for their approval, but some high-need projects already identified include:
Notes on the calculator:
For more information on CPA and its benefits, see:
Vote CPA for Hull! 