Skip Header

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank



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





Chief Financial Officer's (CFO) Report to the Board

Skip Left Navigation Links

Budget & Expenditures by Major Expense Categories - Third Quarter 2011

Executive Summary of 2011 Budget and Expenditures by Major Expense Category
Through September 30, 2011
(Dollars in Thousands)
Major Expense Category
Annual Budget
YTD Budget
YTD Expenditures
% of YTD Budget Used
YTD Variance
Corporate Operating Budget
Ongoing Operations
Salaries & Compensation $1,091,454 $783,176 $762,178 97% ($20,999)
Outside Services - Personnel 262,110 188,974 156,279 83% (32,695)
Travel 104,988 75,613 73,094 97% (2,519)
Buildings 80,693 59,273 57,798 98% (1,475)
Equipment 89,160 64,941 58,842 91% (6,099)
Outside Services - Other 24,609 18,239 12,216 67% (6,023)
Other Expenses 21,665 14,355 10,481 73% (3,872)
Total Ongoing Operations $1,674,679 $1,204,571 $1,130,888 94% ($73,683)
Receivership Funding
Salaries & Compensation $330,679 $240,767 $221,270 92% ($19,497)
Outside Services - Personnel 1,402,772 978,158 620,152 63% (358,006)
Travel 48,727 36,567 24,004 66% (12,563)
Buildings 217,994 170,740 70,156 41% (100,585)
Equipment 20,224 13,240 8,444 64% (4,796)
Outside Services - Other 26,516 19,654 8,928 45% (10,727)
Other Expenses 155,517 123,507 44,491 36% (79,016)
Total Receivership Funding $2,202,429 $1,582,633 $997,445 63% ($585,188)
Total Corporate Operating Budget $3,877,108 $2,787,203 $2,128,333 76% ($658,870)
Investment Budget1 $8,151 $5,366 $4,840 90% ($526)
Grand Total $3,885,259 $2,792,569 $2,133,173 76% ($659,396)

1Budgets for investment projects are approved on a multi-year basis; the year-to-date budget amount reflects the 2011 spending estimates for approved projects.



Last Updated 12/05/2011 dofbusinesscenter@fdic.gov

Skip Footer back to content