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Budget & Expenditures
by Major Expense Categories -
First Quarter 2005
Executive
Summary of 2005 Budget and Expenditures by Major Expense Category
Through March 31, 2005
(Dollars in Thousands)
|
| Major Expense Category |
YTD
Budget |
YTD
Expenditures |
% of
Buget Used |
Variance |
| Corporate Operating Budget |
| Ongoing Operations
|
| Salaries & Compensation |
$172,740 |
$170,507 |
99% |
($2,233) |
| Outside Services - Personnel |
27,251 |
23,928 |
88% |
(3,323) |
| Travel |
9,722 |
8,596 |
88% |
(1,126) |
| Buildings |
20,318 |
18,627 |
92% |
(1,691) |
| Equipment |
9,663 |
9,804 |
101% |
141 |
| Outside Services - Other |
3,805 |
2,983 |
78% |
(822) |
| Other Expenses |
2,437 |
1,957 |
80% |
(480) |
| Total Ongoing Operations |
$245,936 |
$236,402 |
96% |
($29,050) |
| Receivership Funding
|
| Salaries & Compensation |
$855 |
$0 |
0% |
($855) |
| Outside Services - Personnel |
15,587 |
2,154 |
14% |
(13,433) |
| Travel |
1,294 |
13 |
1% |
(1,281) |
| Buildings |
450 |
253 |
56% |
(197) |
| Equipment |
56 |
1 |
2% |
(55) |
| Outside Services - Other |
135 |
7 |
5% |
(128) |
| Other Expenses |
373 |
133 |
36% |
(240) |
| Total Receivership Funding |
$18,750 |
$2,561 |
14% |
($16,189) |
| Total, Corporate Operating Budget |
$264,686 |
$238,963 |
90% |
($25,723) |
| Investment Budget1 |
$18,282 |
$16,066 |
88% |
($2,216) |
| Grand Total |
$282,968 |
$255,029 |
90% |
($27,939) |
1Budgets
for investment projects are approved on a multi-year basis; the "Year-to-Date Budget" amount
reflects the 2005 spending estimates for approved projects. The Capital
Investment Review Committee
(CIRC) reports to the Board quarterly on the status of each investment
project, including budget variances.
| Ongoing
Operations Year-To-Date Expenditures |
| Ongoing
Operations |
Dollar
Amounts
in millions |
Percentage |
| Salaries &
Benefits |
171 |
72% |
| Outside
Services |
24 |
11% |
| Travel |
9 |
4% |
| Buildings |
19 |
8% |
| Equipment |
10 |
4% |
| Other
expenses |
3 |
1% |
|
