Budget
The Police and Crime Commissioner (PCC) receives funding from the Home Office through a police grant (referred to as formula grant) and the remainder is raised locally through the ‘precept’ which is the part of your council tax that pays for policing.
For 2022-23 the income is £95.1million from the formula grant and £76.5million from precept. The split is shown in the pie chart below:
The chart below shows a high-level breakdown for the total revenue budget of £171.5m.
More information on the Medium Term Financial Strategy which can be found further down this page.
How much does the Police and Crime Commissioner’s Office cost?
The cost of the Office of the Police and Crime Commissioner (OPCC) is budgeted at £1.2m for 2022-23. This equates to 0.7% of the total revenue budget.
A high-level budget for 2022-23 can be seen below:
| Category | Cost |
| PCC & DPCC costs (salary & travel) | 137,430 |
| Employee costs (salary & travel) | 952,993 |
| Supplies & services | 24,795 |
| Subscriptions & fees | 46,432 |
| Independent Custody Visitors | 2,500 |
| Audit fees & Joint Audit Committee | 103,324 |
| Total OPCC Budget for 2022/23 | £1,267,474 |
PCC salary is set nationally by the Senior Salaries Review Body.
Precept
Information relating to the setting of the annual police precept as notified to the Police and Crime Panel, and the Panel’s response, can be found via the link below.
View Precept
Investment Strategy
Part of the Police and Crime Commissioner’s treasury management operation is to ensure that cash flow is adequately planned, with cash being available when it is needed. Surplus monies are invested in low risk counterparties or instruments commensurate with the Commissioner’s low risk appetite, providing adequate liquidity. In addition, the Commissioner must plan for any capital investments, providing a guide to any borrowing needs.
The Treasury Management Strategy covering the Minimum Revenue Provision Policy Statement and Annual Investment Strategy can be downloaded via the link below.
View Investment Strategy
Medium Term Financial Strategy (MTFS)
The Medium Term Financial Strategy is Cambridgeshire’s Police and Crime Commissioner’s key financial planning document.
The MTFS identifies:
- The revenue budget requirement for the next financial year and the forecasts for the following three years;
- How the budget requirement is financed through government grants, precept and use of reserves;
- How budget settlements in the next few years will be addressed whilst still protecting the number of officers, especially local policing; and
- Future funding changes and risks.
The full strategy can be downloaded via the link below.
View Medium Term Financial Strategy
