Federal Deposit
Insurance Corporation

		Home > About FDIC > Financial Reports > Chief Financial Officer's (CFO) Report to the Board

Chief Financial Officer's (CFO) Report to the Board   Budget & Expenditures by Major Expense Categories - Third Quarter 2010 Executive Summary of 2010 Budget and Expenditures by Major Expense Category Through September 30, 2010 (Dollars in Thousands) Major Expense Category YTD Budget YTD Expenditures % of Budget Used Variance Corporate Operating Budget Ongoing Operations Salaries & Compensation $694,717 $673,231 97% ($21,486) Outside Services - Personnel 178,739 153,101 86% (25,638) Travel 65,641 63,506 97% (2,135) Buildings 58,713 54,488 93% (4,225) Equipment 61,350 45,367 74% (15,983) Outside Services - Other 16,524 13,191 80% (3,333) Other Expenses 11,236 7,622 68% (3,614) Total Ongoing Operations $1,086,920 $1,010,506 93% ($76,414) Receivership Funding Salaries & Compensation $190,733 $162,534 85% ($28,199) Outside Services - Personnel 1,076,761 919,038 85% (157,723) Travel 44,419 30,993 70% (13,426) Buildings 164,779 167,823 102% 3,044 Equipment 28,541 22,041 77% (6,500) Outside Services - Other 19,847 59,888 302% 40,041 Other Expenses 107,654 182,885 170% 75,231 Total Receivership Funding $1,632,734 $1,545,202 95% ($87,532) Total Corporate Operating Budget $2,719,654 $2,555,708 94% ($163,946) Investment Budget1 $1,089 $413 38% ($676) Grand Total $2,720,743 $2,556,121 94% ($164,622)

¹Budgets for investment projects are approved on a multi-year basis; the year-to-date budget amount reflects the 2010 spending estimates for approved projects. The YTD expenditures amount includes a credit for reimbursed cost from a prior period.