
Changes in Store for Future Planning, Town Meeting Votes By Elizabeth Harmer Dionne The CPA up to now In November 2010, 51% of Belmont voters adopted the Community Preservation Act (CPA), a state statute which allows communities to dedicate funds to acquiring and preserving open space and recreation land, historic resources, and affordable housing. Belmont property owners now pay a surcharge of 1.5% on the town’s annual real estate tax levy; residents who qualify as having low to moderate income according to state guidelines can apply through the Assessors Office for a full CPA surcharge exemption. Funds raised from this [READ MORE]