Chief Financial Officer's (CFO) Report to the Board
Budget & Expenditures by Budget Component & Division/Office - Third Quarter 2017
Executive
Summary of 2017 Budget and Expenditures by Division/Office
Through September 30, 2017 (Dollars in Thousands) |
Division/Office | Annual Budget | YTD Budget | YTD Expenditures | % of YTD Budget Used | YTD Variance |
Corporate Operating Budget | |||||
Risk Management Supervision | $591,543 | $440,174 | $416,142 | 95% | ($24,032) |
Administration | $273,360 | $202,355 | $187,020 | 92% | ($15,334) |
Resolutions & Receiverships | $271,786 | $203,421 | $188,973 | 93% | ($14,448) |
Legal | $233,804 | $174,960 | $145,488 | 83% | ($29,473) |
Information Technology | $225,561 | $161,290 | $151,382 | 94% | ($9,908) |
Depositor & Consumer Protection | $181,141 | $135,767 | $128,983 | 95% | ($6,785) |
Insurance & Research | $53,106 | $39,541 | $36,154 | 91% | ($3,386) |
CIO Council | $50,362 | $35,773 | $33,979 | 95% | ($1,794) |
Chief Information Security Officer1 | $41,969 | $30,006 | $24,991 | 83% | ($5,015) |
Finance | $40,548 | $30,353 | $28,570 | 94% | ($1,783) |
Inspector General | $36,753 | $27,565 | $25,956 | 94% | ($1,608) |
Executive Support2 | $26,207 | $19,164 | $16,846 | 88% | ($2,318) |
Corporate University - Corporate | $25,133 | $18,805 | $18,021 | 96% | ($785) |
Complex Financial Institutions | $20,156 | $14,896 | $13,063 | 88% | ($1,833) |
Corporate University - CEP | $19,082 | $14,580 | $14,697 | 101% | $117 |
Executive Offices3 | $11,023 | $8,287 | $7,501 | 91% | ($786) |
Corporate Unassigned | $56,289 | $0 | $0 | $0 | |
Total FDIC Operating Budget | $2,157,823 | $1,556,937 | $1,437,766 | 92% | ($119,171) |
1The Information Security & Privacy Staff was renamed the Office of the Chief Information Security Officer.
2Executive
Support includes the Offices of Minority and Women Inclusion, Communications, Ombudsman, Legislative Affairs, Corporate Risk Management, and Financial Instituion Adjudication.
3Executive
Offices include the offices of the Chairman, Vice Chairman, Independent Director,
Deputy to the Chairman and
Chief Operating
Officer, Deputy to the Chairman and Chief Financial Officer, and Chief Information Officer.