Documents in this section are forward looking and relate to financial planning. The Medium Term Financial Plan is the Commissioner’s key financial planning document setting out the budget requirement for the next four years and how the requirement will be financed (through grants, precept and the use of reserves).

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‘police precept’ – the amount you pay for policing in your council tax

Medium Term Financial Strategy (MTFS)

The Medium Term Financial Strategy is Staffordshire 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.