CommitteeBeverly

Financial Forecasting Committee

Track committee activity, current roster, and published meeting coverage for Financial Forecasting Committee in Beverly.

0 active membersLast meeting Dec 9, 20253 summaries in 30d

Summaries

Active roster

Latest activity

Aug 14, 2026

Municipality

Beverly

Latest coverage

Beverly confronts projected $3.6 million deficit

Published Aug 14, 2026

Related summaries

Published meeting coverage connected to Financial Forecasting Committee.

Briefing

Dec 9, 2025

Beverly Forecast Projects Nearly $4M Deficit

The committee approved revisions to its financial forecast, which now projects a $3,921,385 deficit for fiscal year 2027; the revisions passed unanimously, 8-0.

2 min readMunicipal coverage

Briefing

Dec 2, 2025

Committee Approves Updated Financial Forecast

The committee unanimously approved Beverly’s forecasted revenues and expenditures with updates, including a 6% annual health-insurance increase on the city side, revised capital outlay growth of 2.5%, and an Essex Tech assessment adjustment based on enrollment trends.

1 min readMunicipal coverage

Briefing

Nov 13, 2025

Beverly confronts projected $3.6 million deficit

Beverly faces a projected FY27 deficit of $3,633,172. The committee began evaluating two broad options—reducing services or increasing recurring revenue—with a possible $100 trash-fee increase discussed as a measure that could raise about $2.5 million.

1 min readMunicipal coverage