How is the CPA administered in Carlisle?

Each year, the Town must spend, or set aside for later spending, 10% of the annual revenue to a fund designated for open space protection (including expanded use for outdoor recreation since 2012), 10% to a fund designated for historic preservation, 10% to a fund designated for affordable housing, and the remaining 70% to an Undesignated Fund that can be used for any of the allowed purposes under the CPA. Up to 5% of the revenue may also be appropriated for administrative expenses.

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1. What is the Community Preservation Act?
2. How is the CPA administered in Carlisle?
3. How does one apply for CPA funding?
4. How does the CPC decide whether to recommend a project for funding?
5. What is a Grant Agreement?