This is a Decision Record Form outlining the PCC’s Budget and Capital Plans for 2017/18 and the Long Term Financial Plans to 2020/21.
There is a legal requirement for the PCC to set a budget prior to the 1st March each year. This was done at a meeting on the 27th February 2017, for the following financial year.
Approving this Decision will ensure that the PCC communicates the decision made in this area and can show that his obligations in this area were met for 2017/18.
The Revenue Budget for 2017/18 is based on the approved 1.99% increase in precept as endorsed by the Police and Crime Panel for 2017/18. It also sets out how the £131,705k of revenue funding to be received by the PCC in 2017/18 will be spent. The PCC also approved how the capital programme of £14.6m for 2017/18 will be spent.
To support the decisions undertaken at the meeting were the following attached papers:
- Report on the Robustness of Estimates and Adequacy of Financial Reserves
- LTFP 2017/18 to 2020/21 and Capital Plans 2017/18 to 2020/21
- Cleveland Police LTFP 2017/18 to 2020/21
- Financial Sustainability Plan 2017/18
Minimum Revenue Provision 17/17
Financial Sustainability Plan 17/18 – 20/21
Treasury Management and Prudential Indicators 17/21
Long Term Financial Plan (LTFP) 2017/18 to 2020/21 and Capital Plans 2017/18 to 2020/21
Community Safety and Victims and Witnesses Services
2016/17 Budget Monitoring Report to January 2017
Robustness of Estimates and Adequacy of Financial Reserves