From:	Dawkins Paul
Sent:	26 February 2021 15:24
To:	joe.orson@leics.gov.uk; jorson@melton.gov.uk
Cc:	Anita James; kamal.adatia@leicester.gov.uk; Bach William; Master Kirk; Cole Simon; Hindson 
Paul; Perry Angela; Furlong Andrew; Sallie Blair; Kealey Chris
Subject:	PCC FOR LEICESTERSHIRE : UPDATED MTFP 2021/22 TO 2024/25
Attachments:	MTFP March 2021 - Appendix 1.xlsm

Importance:	High

Dear Joe 

PCC for Leicestershire : Updated Medium Term Financial Plan (MTFP) 2021/22 to 2024/25

Further to the Police & Crime Panel meeting on 27 January, I write on behalf of Lord Bach PCC, 
to advise Members of the following amendments to the MTFP which have occurred since that 
meeting.  They are as follows :

i)	Confirmation of the Leicester City Council Band D tax base figure for 2021/22 of 74,806 
dwellings and precept of £18,569,108.  The provisional tax base reported to the Panel 
was 75,601 dwellings and precept of £18,766,451.  This change represents a reduction 
of 795 dwellings and precept of £197,343. 

ii)	The inclusion of the Force’s share of £58m Home Office Covid grant funding for 
2020/21 of £863k.  This is welcomed and will fund the amount of Covid related 
expenditure already supported by the Budget Equalisation Reserve (BER) during the 
current financial year 2020/21.  The grant will therefore be transferred into the BER 
which in turn, will part fund the MTFP in future years.

iii)	The recent announcement of the Government’s response to the Public Service 
Pensions Remedy Consultation which confirms the deferral of the increase in the 
employer contributions rate from April 2023 to April 2024.  The MTFP had included 
£4m for this increase in 2023/24 which is no longer required and has been deferred to 
2024/25.

iv)	Taking i to iii into account, the opening balance of the BER on 1 April 2021 is now 
forecast to be £13.5m.  This is an increase of £0.9m on the previously reported balance 
of £12.6m.  The BER will be fully utilised during the MTFP period.

The effect of these changes is that the MTFP is now balanced through the use of the BER for 
the financial years 2021/22 to 2023/24.  The MTFP revised funding gap for 2024/25 is £11.8m 
(previously £13.8m).  The revised MTFP is attached at Appendix 1 for information.

Should you or Members of the Panel have any queries, please do not hesitate to contact me.

Kind regards

Paul 

Paul Dawkins
Assistant Chief Officer (Finance & Resources) : Leicestershire Police
Temporary Chief Finance Officer : Office of the Police and Crime Commissioner for Leicestershire
Direct Line : 101 ext.3308198
Mobile : 07539 470721

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