Medium Term Financial Strategy
This strategy sets out how the Commissioner can provide the Chief Constable with the resources to deliver the priorities in the Police & Crime Plan.
Treasury Policy Statement and Investment Strategy
The Treasury Strategy covers the specific activities proposed over a our year period in relation to both borrowing and investments and ensures a wide range of advice is taken to maintain and preserve all principal sums, whilst obtaining a reasonable rate of return, and that the most appropriate borrowing is undertaken. The primary objective of the investment strategy is to maintain the security of investments at all times.
The Treasury Strategy complies with the requirements of the Code, the Prudential Code for Capital Finance in Local Authorities and Part 1 of the Local Government Act 2003.
Capital Strategy
The Prudential Code for Capital Finance in Local Authorities requires Police and Crime Commissioners (PCC’s) to have in place a Capital Strategy. The Capital Strategy is intended to give a high level overview of how capital expenditure, capital financing and treasury management activity contribute to the provision of services along with an overview of how associated risk is managed and the implications for future financial sustainability.
The Capital Strategy forms a key part of the PCC’s overall Corporate Planning and Governance Framework. It sets out the long-term context in which capital expenditure and investment decisions are made and it provides a mechanism by which the PCC’s capital investment and financing decisions can be aligned over a medium term planning horizon.