Southampton is the only East End town at this point in 2011 to take in more money this year than last year in its Community Preservation Fund, a barometer of home sales in the area.
Money is generated by a 2 percent tax on real estate sales; the first $250,000 of the sale of a home is exempt.
In the first eight months of the year, Southampton tops the list of East End towns at $27.52 million, an increase of 20.7 percent over the same time last year.
By comparison, East Hampton brought in $9.3 million, a decrease of nearly 30 percent from last year.
Riverhead’s total was $1.38 million, a 7 percent decline. Southold brought in $2.23 million, a 9 percent decline, and Shelter Island’s fund of $560,000 represents a 34 percent decrease, although numbers for that town tend to fluctuate because it has fewer homes.
The figures were released by Assemb. Fred Thiele Jr. (I-Sag Harbor), who has monitored the funds since their inception in 1999. Since then, the five towns’ funds have generated $704.62 million, Thiele said, for the purchase of environmentally sensitive land.
The fund will expire in 2030.