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Mayor Cahill proposes FY2026 budget with large school funding increase, seeks $3M for roads from reserves

3655838 · June 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Mayor Cahill presented a FY2026 operating budget that returns Beverly to the property tax levy limit, proposes a 9.1% increase for the Beverly Public Schools and requests $3 million from free cash for road and sidewalk improvements; council referred the budget to finance and property for deliberation.

Mayor Michael Cahill presented the City of Beverly’s proposed fiscal year 2026 operating budget to the City Council on June 2, emphasizing investments in public schools and fiscal reserves while proposing to return to the property tax levy limit.

Cahill said the FY2026 proposal includes a 9.1% increase for the Beverly Public Schools, describing the two‑year change as a $12.7 million increase with $11.5 million coming from city taxpayers. He said the budget would add 55 school staff compared with the 2019–20 school year and that the proposal includes $7.1 million in new money for schools, of which…

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