Author and Job Role: Kelvin Menon – Chief Financial Officer
Protective Marking: OFFICIAL
Summary:
The Medium Term Financial Plan (MTFP) seeks to model the finances of the PCC Group over the period from 2024/25 to 2027/28. This then sets out the key financial challenges facing the Police and Crime Commissioner (PCC) over the period and provides options for delivering a sustainable budget and capital programme over the medium term.
It also sets out how the PCC can provide the Chief Constable with the resources to deliver the priorities in the Police and Crime Plan. The MTFS sets the financial context for the PCC’s revenue budget, capital programme and precept decisions.
Supporting documents:
The MTFP is published here.
Recommendation:
It is recommended that the Police and Crime Commissioner approves the MTFP for the period from 2024/25 to 2027/28.
Police and Crime Commissioner Approval:
I approve the recommendation(s):
Signature: Police and Crime Commissioner Lisa Townsend (wet signed copy held at PCC’s office)
Date: 20 May 2024
All decisions must be added to the decision register.
Areas of consideration:
Consultation
There is no requirement for Consultation on this matter
Financial implications
These are as set out in the report
Legal
None
Risks
The MTFP relies on a number of assumptions and there is a risk that these may change over time thereby changing the financial challenges that need to be addressed.
Equality and diversity
No implications from this decision
Risks to human rights
No implications from this decision