Hanover County eliminates proffers

The Hanover County Board of Supervisors voted 4-2 (with one absentee and one abstention) to eliminate cash proffers on new development — at $19,503, it is was the highest in the area.

It hopes to offset the revenue loss with a proposed $10 per-vehicle tax to be implemented next year, which would be reserved for road building and improvement.

Read more from the Times-Dispatch.

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