District Budget FY27

FY27 Budget

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 2027 (FY’27) 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’27 budget, which is effective July 1, 2026 through June 30, 2027 is a collaborative effort between district leadership, City of Beverly finance staff, the Beverly Public Schools stakeholders and the community at large. 

Opportunities to Share Perspectives: 

The Beverly Public Schools is committed to an equitable, accessible and transparent budget process, and is committed to ensuring that every student has the resources, opportunities, and support/is needed to thrive, regardless of their background, experiences and/or circumstances. To that end, we are seeking community and stakeholder input into the Fiscal Year 2027 Budget during the pre-planning process. Your feedback will help us to align resources with student needs and community priorities. 

Please share your perspective via our Budget Fiscal Year 2027 Community Survey. 

The survey is available in English, Arabic, French (Haiti), Portuguese, and Spanish. 

Budget Context From Statewide Organizations:

A Perfect Storm: Cities and Towns Face Historic Fiscal Pressures - Published by the Massachusetts Municipal Association (MMA) in collaboration with the Center for State Policy Analysis at Tufts University, this report documents the convergence of forces that are putting dramatic pressure on city and town budgets across the Commonwealth.

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 ½: Learn more about the mechanics of Levy Limits and Proposition 2½ which impacts the growth of local revenue sources