Author and Job Role: Kelvin Menon – Treasurer
Protective Marking: OFFICIAL
Executive Summary:
The Financial Monitoring report for the first four months of the year to July 2025 shows that Surrey Police Group is predicted to be £1.6m over budget by the end of March 2026 based on performance so far. This is based on an approved budget of £330.6m for the year. Capital is predicted to be £21m underspent based on a budget of £70.7m.
Financial Regulations state that all budget virements over £0.5m must be approved by the PCC. These are included within this decision notice.
Background
Revenue Forecast
The total budget for Surrey and the forecast outturn is set out in the table below:
| Total 2025/26 Budget £m | Total 2025/26 Outturn £m | Variance £m | |
| 2025/26 Budget | 330.6 | 333.4 | 2.8 |
| Funding | (330.6) | (331.8) | (1.2) |
| Grand Total | (0.0) | 1.6 | 1.6 |
Given it is early in the year this is only an indication of the financial outturn and depends on the assumptions made as to future financial performance. This will be updated as the year continues. Most of the current projected overspend is being driven by an increase in overtime costs and uncertainty over the delivery of some of the savings built in to the budget.
Police Officers numbers were on target but will be brought in to line as per the conditions with uplift. However Police staff had a vacancy rate of 8.4%, which is lower than the 10% budgeted for, adding further financial pressure.
Capital Forecast
The capital plan is forecast to underspend by £21m against an agreed budget of £39.6m. All of this difference is due to slippage in the estates program.
Revenue Virements
Per financial regulations only virements over £500k need approval from the PCC. These are set out below:
Police and Crime Commissioner Approval
I note the financial performance as at the 31st July 2025 and approve the virements as listed.
Signature: PCC Lisa Townsend (wet signed copy held in Office)
Date: 18th September 2025
All decisions must be added to the decision register.
Areas of consideration
Consultation
None
Financial implications
These are set out in the paper
Legal
None
Risks
There were a number of financial risks which were set out in the budget paper. These will be monitored during the year.
Equality and diversity
None
Risks to human rights
None