Chief Financial Officer's (CFO) Report to the Board
Budget & Expenditures by Major Expense Categories - First Quarter 2017
Executive
Summary of 2017 Budget and Expenditures by Major Expense Category Through March 31, 2017 (Dollars in Thousands) |
Major Expense Category | Annual Budget |
YTD
Budget |
YTD
Expenditures |
%
of YTD Budget Used |
YTD Variance |
|
FDIC Operating Budget | ||||||
Ongoing Operations | Salaries & Compensation | $1,247,608 | $312,340 | $295,114 | 94% | ($17,226) |
Outside Services - Personnel | 259,850 | 54,248 | 55,595 | 102% | 1,347 | |
Travel | 95,448 | 23,398 | 21,564 | 92% | (1,834) | |
Buildings | 97,303 | 22,103 | 23,702 | 107% | 1,599 | |
Equipment | 90,346 | 13,369 | 13,716 | 103% | 347 | |
Outside Services - Other | 16,458 | 3,259 | 3,346 | 103% | 87 | |
Other Expenses | 14,057 | 3,098 | 3,555 | 115% | 457 | |
Total Ongoing Operations | $1,821,070 | $431,815 | $416,592 | 96% | ($15,223) | |
Receivership Funding | ||||||
Salaries & Compensation | $37,356 | $9,491 | $7,662 | 81% | ($1,829) | |
Outside Services - Personnel | 230,170 | 49,656 | 34,551 | 70% | (15,105) | |
Travel | 3,246 | 715 | 880 | 123% | 165 | |
Buildings | 17,722 | 4,396 | 3,002 | 68% | (1,394) | |
Equipment | 1,429 | 158 | 111 | 70% | (47) | |
Outside Services - Other | 1,273 | 321 | 288 | 90% | (33) | |
Other Expenses | 8,804 | 2,201 | 322 | 15% | (1,879) | |
Total Receivership Funding | $300,000 | $66,938 | $46,816 | 70% | ($20,122) | |
Office of Inspector General | ||||||
Salaries & Compensation | $32,770 | $8,193 | $7,456 | 91% | ($737) | |
Outside Services - Personnel | 1,418 | 354 | 241 | 68% | (113) | |
Travel | 1,486 | 371 | 315 | 85% | (56) | |
Buildings | 0 | 0 | 0 | N/A | 0 | |
Equipment | 487 | 122 | 221 | 181% | 99 | |
Outside Services - Other | 169 | 42 | 4 | 10% | (38) | |
Other Expenses | 423 | 106 | 88 | 83% | (18) | |
Total Office of Inspector General | $36,753 | $9,188 | $8,325 | 91% | ($863) | |
Total FDIC Operating Budget | $2,157,823 | $507,941 | $471,733 | 93% | ($36,208) |