Chief Financial Officer's (CFO) Report to the Board
Budget & Expenditures by Major Expense Categories - Third Quarter 2017
Executive
Summary of 2017 Budget and Expenditures by Budget Component and Major Expense Category Through September 30, 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 | $923,078 | $874,351 | 95% | ($48,727) |
Outside Services - Personnel | $253,201 | $178,734 | $166,824 | 93% | ($11,910) | |
Travel | $95,448 | $70,897 | $65,008 | 92% | ($5,889) | |
Buildings | $103,054 | $73,625 | $68,221 | 93% | ($5,404) | |
Equipment | $91,133 | $58,256 | $49,489 | 85% | ($8,767) | |
Outside Services - Other | $16,545 | $12,614 | $11,227 | 89% | ($1,387) | |
Other Expenses | $14,081 | $10,308 | $9,146 | 89% | ($1,162) | |
Total Ongoing Operations | $1,821,070 | $1,327,512 | $1,244,266 | 94% | ($83,246) | |
Receivership Funding | ||||||
Salaries & Compensation | $37,356 | $27,898 | $22,953 | 82% | ($4,945) | |
Outside Services - Personnel | $230,152 | $150,007 | $127,500 | 85% | ($22,507) | |
Travel | $3,284 | $2,442 | $3,232 | 132% | $790 | |
Buildings | $17,700 | $13,308 | $6,937 | 52% | ($6,371) | |
Equipment | $1,431 | $618 | $555 | 90% | ($63) | |
Outside Services - Other | $1,273 | $985 | $1,075 | 109% | $90 | |
Other Expenses | $8,804 | $6,603 | $5,292 | 80% | ($1,311) | |
Total Receivership Funding | $300,000 | $201,861 | $167,544 | 83% | ($34,317) | |
Office of Inspector General | ||||||
Salaries & Compensation | $32,770 | $24,578 | $23,351 | 95% | ($1,227) | |
Outside Services - Personnel | $1,418 | $1,063 | $837 | 79% | ($226) | |
Travel | $1,486 | $1,114 | $1,000 | 90% | ($114) | |
Buildings | $0 | $0 | $0 | $0 | ||
Equipment | $487 | $365 | $456 | 125% | $91 | |
Outside Services - Other | $169 | $127 | $7 | 6% | ($120) | |
Other Expenses | $423 | $317 | $305 | 96% | ($12) | |
Total Office of Inspector General | $36,753 | $27,564 | $25,956 | 94% | ($1,608) | |
Total FDIC Operating Budget | $2,157,823 | $1,556,937 | $1,437,766 | 92% | ($119,171) |