Agenda item

Report by the Police and Crime Commissioner – attached.

The draft budget is attached for information, to inform the discussion on the proposed precept.

The Panel is asked to note:

• the draft revenue budget for 2016/17;

• the latest Medium Term Financial Forecast;

• the latest savings schedule to 2018/19; and

• the draft capital budget for 2016/17 and capital and

investment programme to 2018/19.

62.

The Panelreceiveda report fromthe PoliceandCrime Commissioner concerning the proposedRevenue andCapitalBudget for2016/17(copyappended to the signed versionof the minutes).The report was introducedbythe Chief Finance Officerof theOSPCC who advisedthe Panelthat: the reviewof distributing funding to forces hadbeen postponed andthere was a potentialimpacton medium- termfinancialplanningif the reviewoccurredin the nextfinancial year; the Medium TermFinancialForecast assumeda precept at the highestallowablelevel; savings were requiredinorder to meet the changesto NationalInsurance which would produce aliabilityof £5.6 million;it was estimated thatsavingsamounting to £35 millionwould be requiredin2016/17; andthe Comprehensive SpendingReview hadintroducedsignificantinvestment areas but withoutcertaintyregardingsources of funding. Unconfirmedminutes –subject to amendment/confirmation at the next meetingof the Police and CrimePanel