This decision record outlines the PCC’s Budget and Capital Plans for 2025/26 and Long-Term Financial Plans to 2028/29.
There is a legal requirement for the PCC to set a budget prior to 1 March each year for the following financial year.
Approving this decision has met the PCC’s obligations in this area for 2025/26.
The Revenue Budget for 2025/26 is based on the approved £14 increase in precept for a Band D property for 2025/26.
It sets out how the £202,270k of revenue funding to be received by the PCC in 2025/26 will be spent.
The decision also sets out a capital programme of just over £5.6m for 2025/26 and provides details of how this will be spent.
To support this decision the following papers are attached:.
- Report on the Robustness of Estimates and Adequacy of Financial Reserves – including Reserve Strategy
- 2025/26 Budget and LTFP
- Cleveland Police LTFP 2025/26
- Treasury Management and Prudential Indicators 2025/26 to 2028/29 – which includes the Investment Strategy
- Minimum Revenue Provision Strategy
- Capital Strategy
- Leasing Policy
DRF 2024-25 – 023: Budget and associated reports (application, 147kB)
Cleveland Police Long-term Financial Plan 2025-26 (application, 351kB)
Minimum Revenue Provision 2025-26 (application, 84kB)
Robustness of estimates and adequacy of financial reserves (application, 206kB)
Capital Strategy 2025-26 (application, 158kB)
Leasing Policy 2025-26 (application, 118kB)
2025 Budget and Capital Long-term Financial Plan (application, 392kB)
2025-26. Treasury Management Strategy and Prudential Indicators report (application, 310kB)