The Board of Supervisors will take up the discussion of the current cash proffer systemon during the Wednesday, April 24 meeting and consider what to do with the current system.
Chesterfield’s cash proffer of $18,966 per new home or apartment unit or other dwelling are used to offset the impact that it puts on the county’s infrastructure, such as schools, roads, libraries, public safety and parks. Many builders want to either do away with the system or make major adjustments to make their product more affordable. In 2012 the debate over cash proffers began to heat up and eight rezoning cases have backed up on the county’s planning commission agenda as developers wait for a possible revamping of the cash proffer system.
Recently, Hanover County eliminated their cash proffers only to back up and reconsidered their decision. Chesapeake also revamped their proffer system.
Last month a citizens committee recommended a compromise, recommending a reduction of the cash proffer of about 40 percent to $11,873. Now, the committee recommendation coupled with the budget and management departments recommendation and citizen comment will be considered by the Board during their 6:30 p.m. session.