The current mayor of Peabody, Ted Bettencourt, earns an annual salary of $139,000.
This updated salary reflects a recent adjustment approved by the Peabody City Council. The council voted to increase the mayor's salary by 3%, raising it from the previous amount of $135,000. This decision establishes the current compensation for the city's highest elected official.
Understanding the salary of the mayor provides insight into the financial structure of the local government and how the city compensates its leadership.
Peabody Mayor's Salary Details
| Aspect | Details |
|---|---|
| Current Annual Salary | $139,000 |
| Previous Annual Salary | $135,000 |
| Percentage Increase | 3% |
| Approving Authority | Peabody City Council |
| Current Mayor | Ted Bettencourt |
The process for adjusting a mayor's salary typically involves a vote by the municipal legislative body, such as the City Council. These adjustments can be influenced by various factors, including the cost of living, inflation, and the responsibilities associated with the mayoral office.
