The Community Preservation Committee (CPC) is responsible for reviewing applications for funding under the Community Preservation Act (CPA) and recommending to Town Meeting expenditures of CPA funds on those projects it supports each year. The Community Preservation Committee consults with its appointing bodies, and holds an annual public informational hearing on the needs, possibilities and resources of the Town regarding community preservation.
Appointed by: Selectmen appoint 3; Conservation Commission, Planning Board, Recreation Committee, Historical Commission, Housing Authority and the Housing Partnership each appoint 1
Term: 2 years
On March 6, 2006, Lexington voted to adopt the Community Preservation Act. The CPA provides a new funding source for:
- Acquisition and preservation of open space
- Creation and support of community housing
- Acquisition and preservation of historic resources
- Creation and support of recreational uses
Lexington's Community Preservation Fund derives funding from a 3% surcharge on local real estate taxes and matching funds from the Commonwealth. The Town also adopted provisions which exempt the first $100,000 of home value from the surcharge and grant a total exemption from the surcharge to lower income residents and seniors.