Community Preservation Fund
Borrowing, Collection Procedures, Special Funds, Tax Bills
CPA community preservation special fund housing open space recreation land historic resources affordable surcharge rehabilitation creation acquisition restoration preservation acceptance local option adoption property tax procedures requirements forms purposes expenditures spending rehabilitate restore remodeling reconstruction extraordinary repair improvements assets acquired purchased allowable scope administrative operating expenses accounting acceptance accepting rules surcharge assessment collection liability rate borrowing premiums surplus proceeds
This Informational Guideline Release (IGR) explains to local officials the procedures and requirements for establishing a special fund that may be appropriated and spent for certain open space, recreational, historic resource and affordable housing purposes.
In effect. Supersedes IGRs 2000-209, 2001-207, 2002-208 and 2000-209 Amended