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At a March 12 budget work session, the Bedford County Board of Supervisors decided what they would do with a $5 million cash balance from the current fiscal year.
The supervisors chose to spend $290,000 of this to offset a state Virginia Retirement System mandate. Then, they directed $1.18 million to the county’s capital improvement plan, holding $3.53 million in reserve to meet needs that arise once Virginia has a state budget.
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