Budget & Expenditures by Division/Office - First Quarter 2023
| Division/office | Annual Budget | YTD Budget | YTD Expenditures | % of YTD Budget Used | YTD Variance |
|---|---|---|---|---|---|
| FDIC Operating Budget | |||||
| Risk Management Supervision | $651,544 | $164,183 | $146,234 | 89% | ($17,949) |
| Information Technology | 415,989 | 111,076 | 90,456 | 81% | (20,620) |
| Administration | 357,171 | 83,131 | 71,736 | 86% | (11,395) |
| Depositor & Consumer Protection | 213,669 | 52,365 | 47,381 | 90% | (4,984) |
| Legal | 171,698 | 42,567 | 35,401 | 83% | (7,166) |
| Resolutions & Receiverships | 130,975 | 32,716 | 31,761 | 97% | 955 |
| Complex Institution Supervision & Resolution | 115,095 | 27,163 | 39,844 | 147% | 12,681) |
| Insurance & Research | 67,164 | 16,474 | 14,738 | 89% | (1,736) |
| Inspector General | 48,085 | 12,524 | 14,066 | 112% | 1,542 |
| Chief Information Security Officer | 52,598 | 12,506 | 11,085 | 89% | (1,421) |
| Executive Support 1 | 46,524 | 9,602 | 7,877 | 82% | (1,725) |
| Finance | 40,866 | 10,334 | 10,110 | 98% | (224) |
| Corporate University - Corporate | 28,088 | 6,725 | 6,268 | 93% | (457) |
| Executive Offices2 | 14,773 | 3,514 | 2,542 | 72% | (972) |
| Risk Management & Internal Control | 9,693 | 2,223 | 2,242 | 101% | 19 |
| Corporate Unassigned3 | 45,147 | 0 | 0 | 0% | 0 |
| Total FDIC Operating Budget 4 | $2,409,079 | $587,103 | $531,741 | 91% | ($55,362) |
1Executive Support includes the Offices of Minority and Women Inclusion, Communications, Ombudsman, Legislative Affairs, and Financial Institution Adjudication.
2Executive Offices include the offices of the Chairman, Vice Chairman, Independent Director, Deputy to the Chairman and Chief Operating Officer, Deputy to the Chairman and Chief Financial Officer, Deputy to the Chairman for Policy, Deputy to the Chairman for External Affairs, Deputy to the Chairman for Financial Stability, and Chief Information Officer/Chief Privacy Officer.
3This includes $15.0 milllion contingency reserve in the Ongoing Operations budget component and a $30.1 million contingency reserve in the Receivership Funding budget component to meet unanticipated budget requirements that may arise during the year.