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Budget & Expenditures
by Major Expense Categories -
First Quarter 2007
Executive
Summary of 2007 Budget and Expenditures by Major Expense Category
Through March 31, 2007
(Dollars in Thousands)
|
| Major Expense Category |
YTD
Budget |
YTD
Expenditures |
% of
Budget Used |
Variance |
| Corporate Operating Budget |
| Ongoing Operations
|
| Salaries & Compensation |
$162,493 |
$158,141 |
97% |
($4,352) |
| Outside Services - Personnel |
36,387 |
29,763 |
82% |
(6,624) |
| Travel |
12,293 |
10,335 |
84% |
(1,958) |
| Buildings |
16,424 |
16,665 |
101% |
241 |
| Equipment |
7,887 |
7,887 |
100% |
0 |
| Outside Services - Other |
5,320 |
2,878 |
54% |
(2,442) |
| Other Expenses |
2,601 |
1,810 |
70% |
(791) |
| Total Ongoing Operations |
$243,405 |
$227,479 |
93% |
($15,926) |
| Receivership Funding
|
| Salaries & Compensation |
$855 |
$203 |
24% |
($652) |
| Outside Services - Personnel |
15,337 |
1,096 |
7% |
(14,241) |
| Travel |
1,411 |
350 |
25% |
(1,061) |
| Buildings |
575 |
314 |
55% |
(261) |
| Equipment |
56 |
2 |
4% |
(54) |
| Outside Services - Other |
136 |
14 |
10% |
(122) |
| Other Expenses |
380 |
8 |
2% |
(372) |
| Total Receivership Funding |
$18,750 |
$1,987 |
11% |
($16,763) |
| Total Corporate Operating Budget |
$262,155 |
$229,466 |
88% |
($32,689) |
| Investment Budget1 |
$5,602 |
$3,885 |
69% |
($1,717) |
| Grand Total |
$267,757 |
$233,351 |
87% |
($34,406) |
1Budgets
for investment projects are approved on a multi-year basis; the "Year-to-Date
Budget" amount
reflects the 2007 spending estimates for approved projects. Detailed
quarterly reports on the status of those projects are provided
separately to the Board by the Capital Investment Review Committee.
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