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Council approves CPA FY26 budget, several grants and final passage of stop-sign ordinance changes
Summary
The City Council voted to adopt the Community Preservation Committee's FY26 CPA budget, accepted multiple grants for road safety, broadband equity, police radios and harbor derelict-trap removal, and approved changes to stop signs at Kernwood Avenue, McPherson Drive and River Street (votes split on the latter).
The Beverly City Council approved a package of budget and grant orders and completed final action on a traffic-ordinance change at its Oct. 20 meeting.
Community Preservation Committee representative Derek Beckwith presented a proposed FY26 CPA budget of $1,280,070 that complies with statutory set-asides. Beckwith told councilors the CPC recommends 10% set-asides for historic resources, community housing and open space (about $128,007 each) and reported a CPA fund balance of approximately $2,943,888.53. In committee and later on the council floor, the CPC proposal was approved.
During committee, the council recommended…
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