Police forces in England and Wales could get up to £17.4bn in funding in 2025-26, an increase of £986.9m, or 3.5%, on the previous year.
However, around a third of the rise will be dependent on police and crime commissioners adding £14 to the council tax of an average band D property.
Home Office Minister Diana Johnson said the provisional settlement "strikes the balance between protecting taxpayers and providing funding for police forces", in a written statement.
But the Liberal Democrats' home affairs spokesperson Lisa Smart said the government should be "properly funding the officers our communities need - not passing the buck to local police chiefs to put up people's council tax instead".