The county's debt was $79,420,800, which was 6 percent of the $1,382,237,634 assessed value of the county's property. The target is for a county to have below 8 percent of its assessed value in debt, so Bedford County met the state's standard. The state average was 3 percent.
This graph shows the 10-year comparison of the county's revenue, spending, cash, and ending fund balance.
The FY 2023 budget was approved and had a state budget certificate, meaning it was approved and filed with the state on time, and had no issues during the state's review.