CPA Trust Fund Distribution

Cities and towns that adopt the CPA obtain community preservation funds from two sources - a local property tax surcharge and a yearly distribution from the statewide CPA Trust Fund. In 2012, the CPA legislation was amended to allow communities the option to dedicate additional municipal revenues to their local CPA fund, on top of their surcharge revenue, if they adopt the provision known as "Blended CPA."

Statewide CPA Trust fund revenues are derived from a surcharge placed on all real estate transactions at the state's Registries of Deeds. The Department of Revenue reports monthly on these collections, and each March they provide an estimate of the next trust fund distribution percentage. Each CPA community receives their distribution from the trust fund at a formula-based percentage of what they raised locally. Learn more about how the statewide trust fund works.

In recent years, as CPA was adopted by more communities and the real estate market declined, the base trust fund distribution decreased dramatically.  To address this decline, Governor Patrick signed legislation to update CPA in 2012.  The bill included a new revenue source to provide additional funding for the trust, over and above the revenue from the deeds recording fee. As a result, $25 million from the state's FY13 budget surplus was added to the trust fund prior to the November 15, 2013 distribution, providing the highest trust fund distribution for CPA communities since 2008.

View the details of your community's trust fund distributions.

Statewide CPA Trust Fund - Distribution History

Date of Distribution

Number of Communities Receiving Distribution

Total Amount Distributed (in millions)

Base Trust Fund Distribution

10/15/2002

34

$17.80

100.00%

10/15/2003

54

$27.10

100.00%

10/15/2004

61

$30.80

100.00%

10/15/2005

82

$46.30

100.00%

10/15/2006

102

$58.70

100.00%

10/15/2007

113

$68.10

100.00%

10/15/2008

127

$54.60

67.62%

10/15/2009

135

$31.60

34.81%

10/15/2010

142

$25.90

27.20%

10/15/2011

143

$26.20

26.64%

10/15/2012

148

$27.70

26.83%

11/15/2013

148

$54.89

52.23%

Grand Total Statewide CPA Trust Fund Distribution:  $469.69 million