A cash proffer is (a)any money voluntarily proffered in a writing signed by the owner of property subject to rezoning, submitted as part of a rezoning application and accepted by a locality pursuant to the authority granted by Va. Code Ann. Section 15.2-2303 or Section 15.2-2298, or (b) any payment of money made pursuant to a development agreement entered into under authority granted by Va. Code Ann. Section 15.2-2303.1.
CASH PROFFER SURVEY
Below is the procedure for the annual Cash Proffer Survey:
- In July, a link to an online survey is emailed to the chief administrative officer of every locality eligible to accept cash proffers with a population greater than 3,500.
- Each locality must complete and return the survey by Sept. 30.
- The Commission issues its report in November.
Section 15.2-2303.2 of the Code of Virginia requires the Virginia Commission on Local Government to survey annually the acceptance of cash proffers by eligible localities. Only localities with populations larger than 3,500 are required to report. The survey is designed to assist the General Assembly in determining the amount of cash proffer revenues and expenditures of local governments and the purposes for which such expenditures were made beginning in FY2000 and for each fiscal year thereafter.
In that regard, in July of each calendar year the commission requests that the chief administrative officer, or other appropriate official, in affected counties, cities and towns across the state, provide essential information about cash proffers in their respective localities for the preceding fiscal year.
The commission has published the results of its survey since November 2001, and copies of all of the reports have been made available to the public and the chairmen of the Senate Local Government Committee and the House Counties, Cities and Towns Committee.
- Click here for the report on proffered cash payments and expenditures by Virginia's counties, cities and towns.