Budget 2023-24

Council Tax Precept Notice 2023-24

The Commissioner is required to determine the budget for 2023-24 and then set the council tax precept following consultation with the Police and Crime Panel. The greater part of the budget will be allocated for to Gwent Police for operational purposes, but an element needs to be retained to cover the cost of the Office of the Police and Crime Commissioner and commissioning of services from organisations other than Gwent Police.

Office of the Police and Crime Commissioner Budget 2023-24

In determining the Budget Requirement for 2023-24 the Commissioner has had regard to the Police and Crime Plan 2021-25; the Policing Visions 2025; the Strategic Policing Requirement; the Chief Constable’s view of the financial resources required to deliver the operational requirements of the Plan; the level of resources to be allocated for commissioning other than from the Chief Constable and the cost of running the Office of the Police and Crime Commissioner.

The Commissioner has approved, in consultation with the Police and Crime Panel:

A budget requirement for 2023/24 of £161,586,891;
The planned efficiency savings in 2023/24 of £1.142m and further
planned efficiency savings of £2.762m (totalling £3.904m) detailed in
Appendix 5b of the Annexe to this submission;
A further proposed utilisation of Reserves and Committed Funds of
£3.457m to balance the 2023/24 budget (Appendix 7);
The initial Capital Programme as described in Appendices 8a and 8b;
and
The 2023/24 proposed Council Tax Precept to be levied in respect of
general expenses of £72,998,181. This reflects an annual increase in
Band D of 6.82% or £20.72 on the 2022/23 Council Tax Precept level,
thereby proposing a 2023/24 Band D Council Tax Precept of £324.52.
This overall Council Tax Precept sum will be apportioned to each
City/County/County Borough Council according to the following table:

Unitary Authorities	£	Tax Base Band D Equivalent
Blaenau Gwent Caerphilly Monmouthshire Newport Torfaen	6,752,190 19,839,572 15,504,946 19,787,776 11,113,697	20,806.70 61,135.13 47,778.09 60,975.52 34,246.57
Total	72,998,181	224,942.01