District Budget FY26
Each spring, the Beverly School Committee works alongside our District and City leadership to prepare a budget for the next school year. The Beverly Public School’s district leadership has begun the Fiscal Year 2026 (FY’26) budget process. Building and finalizing a budget is a months-long process that requires detailed discussions with a focus on what is best for our students.The FY’26 budget, which is effective July 1, 2025 through June 30, 2026, is a collaborative effort between district leadership, City of Beverly finance staff, the Beverly Public Schools stakeholders, and the community at large.
Welcome!
Welcome to the Beverly Public Schools Budget webpage. Our budget is more than just numbers—it is a statement of our values and a reflection of our commitment to fostering belonging, empowering educators, and driving innovation. Built upon our district goals, each year, our budget prioritizes forward-thinking practices that create a more inclusive, informed, and sustainable future for all students. Every dollar we allocate is guided by our mission to support excellence in education while ensuring equitable opportunities for every learner.
We believe that a school district’s budget must align with the priorities of the community it serves. Through careful planning and ongoing collaboration with educators, families, and stakeholders, we strive to ensure that our budget reflects the needs and aspirations of our students. We hope you find the information below a valuable resource for understanding our budget process, priorities, and investments in our students, while also fostering transparency and informed community engagement.
Superintendent of Schools
Click here for Beverly Public Schools Budget Updates
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District Funding Sources
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FY’25 Appropriated Budget by Function
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FY26 Contractual Increases to Wages & Benefits
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Salary Schedules
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The FY’26 Budget timeline includes scheduled school committee meetings as well as other important dates.
We invite the community to be a part of the budget process by joining us in person or tuning in on BevCam. If you were unable to attend or want to tune in again, below are links with information and presentations featuring the FY26 budget.
Jan 2025: Governor’s Proposed State Budget Released to Public Learn More
Feb 26, 2025: Committee of the Whole Budget Discussion Watch Video - View Presentation
Feb 27, 2025: Finance & Facilities Subcommittee Watch Video - View Presentation
Mar 12, 2025: School Committee Budget Discussion Watch Video - View Presentation
Budget Context From Statewide Organizations:
Joint Statement: School District Budget Challenges From M.A.S.S, MASC and MASBO
United for Our Future - a coalition dedicated to addressing the urgent funding crisis in our schools and issued a position paper calling on State officials to provide adequate funding to remedy the structural deficits in district budgets.
Introduction to Municipal Finance:
Chapter 70: provides state aid to public elementary and secondary schools. In FY '25, the District’s chapter 70 allocation was $15,008,945 which makes up 19.19% of the appropriation. The remainder of the appropriated budget is derived from local sources.
Governor’s Budget Process: Learn more about how the Governor’s budget is set.
Proposition 2 1⁄2: Learn more about the mechanics of Levy Limits and Proposition 2½ which impacts the growth of local revenue sources