Budget cuts took center stage at the Peabody Public Schools School Committee meeting on May 19, 2025, as officials discussed potential reductions for the FY26 budget. Key discussions highlighted the need for strategic cuts, with some items categorized as "level 1" and "level 0," indicating varying degrees of impact on the school system.

A significant point of discussion was the adjustment of a salary line item due to an upcoming retirement. The placeholder salary for a position was set at $74,005.77, but with the retirement, the district anticipates a savings of $27,176. This adjustment reflects a proactive approach to budget management, allowing the district to realign its financial resources without replacing the retiring staff member.

The committee emphasized the importance of making informed decisions about which cuts to implement, ensuring that the most impactful programs and positions are preserved. As discussions continue, the focus remains on balancing the budget while maintaining quality education for students in Peabody. The committee's next steps will involve further evaluations of budget items to finalize the FY26 budget.