New Bedford voters have approved the Community Preservation Act in the city.

The CPA was listed as Question Five on city ballots, with voters approving it by a 54% to 45% margin. That translates into a 1,400 vote difference.

The Community Preservation Act will enable a 1.5% tax on property owners' tax bills, excluding the first $100,000 assessed on the property.

The funds can be used for a number of community improvement projects to be determined by a special committee.

City officials, most notably Mayor Jon Mitchell, have said the tax equates to an average of about $18 annually per property owner.