Chief Financial Officer's (CFO) Report to the Board
Budget & Expenditures by Budget Component & Division/Office - Fourth Quarter 2016
| Executive
Summary of 2016 Budget and Expenditures by Budget Division/Office
Through December 31, 2016 (Dollars in Thousands) |
| Division/Office | Annual Budget | YTD Budget | YTD Expenditures | % of YTD Budget Used | YTD Variance |
| Corporate Operating Budget | |||||
| Risk Management Supervision | $591,295 | $591,295 | $553,851 | 94% | ($37,444) |
| Depositor & Consumer Protection | 178,813 | 178,813 | 169,670 | 95% | (9,143) |
| Information Technology | 223,904 | 223,904 | 216,208 | 97% | (7,696) |
| Administration | 274,243 | 274,243 | 249,580 | 91% | (24,663) |
| Resolutions & Receiverships | 357,366 | 357,366 | 264,089 | 74% | (93,277) |
| Legal | 237,054 | 237,054 | 210,111 | 89% | (26,943) |
| Insurance & Research | 49,781 | 49,781 | 48,121 | 97% | (1,660) |
| Finance | 39,827 | 39,827 | 37,680 | 95% | (2,147) |
| Inspector General | 34,153 | 34,153 | 32,382 | 95% | (1,771) |
| Information Security & Privacy Staff | 35,888 | 35,888 | 34,149 | 95% | (1,739) |
| Corporate University - CEP | 18,254 | 18,254 | 16,581 | 91% | (1,673) |
| Corporate University - Corporate | 24,478 | 24,478 | 24,630 | 101% | 152 |
| Executive Support1 | 26,174 | 26,174 | 22,964 | 88% | (3,210) |
| Executive Offices2 | 11,381 | 11,381 | 9,432 | 83% | (1,949) |
| Complex Financial Institutions | 20,976 | 20,976 | 17,610 | 84% | (3,366) |
| Government Litigation | - | - | - | - | - |
| CIO Council | 46,291 | 46,291 | 42,543 | 92% | (3,748) |
| Corporate Unassigned | 40,823 | 40,823 | - | - | (40,823) |
| Total FDIC Operating Budget | $2,210,701 | $2,210,701 | $1,949,601 | 88% | ($261,100) |
1Executive Support includes the Offices of Minority and Women Inclusion, Communications, Ombudsman, Legislative Affairs, Corporate Risk Management, and Financial Institution Adjudication.
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, and Chief Information Officer.