Budget & Expenditures by Division/Office - Third Quarter 2021
| Division/office | Annual Budget | YTD Budget | YTD Expenditures | % of YTD Budget Used | YTD Variance |
|---|---|---|---|---|---|
| FDIC Operating Budget | |||||
| Risk Management Supervision | $581,168 | $437,630 | $386,207 | 88% | ($51,423) |
| Information Technology | 364,609 | 281,286 | 260 396 | 93% | (20,890) |
| Administration | 302,115 | 225,679 | 189,188 | 84% | (36,491) |
| Depositor & Consumer Protection | 185,250 | 138,378 | 125,356 | 91% | (13,022) |
| Legal | 163,986 | 117,731 | 106,991 | 91% | (10,740) |
| Resolutions & Receiverships | 133,065 | 98,852 | 88,100 | 89% | (10,752) |
| Complex Institution Supervision & Resolution | 101,686 | 73,711 | 62,107 | 84% | (11,604) |
| Insurance & Research | 63,791 | 47,331 | 41,641 | 88% | (5,690) |
| Executive Support 1 | 51,891 | 37,976 | 25,364 | 67% | (12,612) |
| Inspector General | 44,913 | 33,572 | 30,225 | 90% | (3,347) |
| Chief Information Security Officer | 41,077 | 31,378 | 26,395 | 84% | (4,983) |
| Finance | 37,961 | 27,926 | 25,477 | 91% | (2,449) |
| Corporate University - Corporate | 23,094 | 16,819 | 15,520 | 92% | (1,299) |
| Executive Offices 2 | 14,447 | 10,224 | 8,303 | 81% | (1,921) |
| Corporate Unassigned 3 | 169,494 | 0 | 0 | 0 | |
| Total FDIC Operating Budget | $2,278,548 | $1,578,493 | $1,391,270 | 88% | ($187,223) |
1Executive Support includes the Offices of Minority and Women Inclusion, Communications, Ombudsman, Legislative Affairs, Financial Institution Adjudication, CIO Management Services, and FDiTech.
2Executive 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, Deputy to the Chairman for Policy, and Chief Information Officer.
3The Corporation Unassigned contingency reserve includes $140 million in funds budgeted to ensure that FDIC is prepared to respond quickly to potential pandemic-related problems within the banking industry. Those funds are not available for use for any other purpose. The remainder constitutes general reserves of $7 million in the Ongoing Operations budget component and $22.5 in the Receivership Funding budget component.