The Chartered Institute of Public Finance and Accountancy (CIPFA), along with the Home Office, recommend as good practice that Police and Crime Commissioners publish a Reserve Strategy Statement.
Each statement provides an explanation for each reserve along with its value. Plus, a narrative explaining whether the current and projected level of reserves is appropriate, and governance arrangements for reserves are adequate and appropriate.
The Reserve Strategy Statements are prepared in-line with best practice and can be found by accessing the appropriate link below.
Reserves Strategy Statement as at 31st March 2021
Reserves Strategy Statement as at 31st March 2019
Reserves Strategy Statement as at 31st March 2018
Reserves Strategy Statement as at 31st March 2017