Chief Financial Officer's (CFO) Report to the Board
Executive
Summary of 2018 Budget and Expenditures by Budget Component and Major Expense Category Through December 31, 2018 (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 | $1,225,430 | $1,225,430 | $1,170,798 | 96% | ($54,632) |
Outside Services - Personnel | 256,087 | 256,087 | 229,949 | 90% | (26,138) | |
Travel | 92,809 | 92,809 | 86,989 | 94% | (5,820) | |
Buildings | 106,307 | 106,307 | 90,497 | 85% | (15,810) | |
Equipment | 116,838 | 116,838 | 110,882 | 95% | (5,956) | |
Outside Services - Other | 16,196 | 16,196 | 15,034 | 93% | (1,162) | |
Other Expenses | 13,368 | 13,368 | 11,358 | 85% | (2,010) | |
Total Ongoing Operations | $1,827,035 | $1,827,035 | $1,715,507 | 94% | ($111,528) | |
Receivership Funding | ||||||
Salaries & Compensation | $19,390 | $19,390 | $11,689 | 60% | ($7,701) | |
Outside Services - Personnel | 185,600 | 185,600 | 121,506 | 65% | (64,094) | |
Travel | 3,574 | 3,574 | 1,802 | 50% | (1,772) | |
Buildings | 6,968 | 6,968 | 4,915 | 71% | (2,053) | |
Equipment | 969 | 969 | 982 | 101% | 13 | |
Outside Services - Other | 1,327 | 1,327 | 2,146 | 162% | 819 | |
Other Expenses | 7,172 | 7,172 | 2,042 | 28% | (5,130) | |
Total Receivership Funding | $225,000 | $225,000 | $145,082 | 64% | ($79,918) | |
Office of the Inspector General | ||||||
Salaries & Compensation | $34,853 | $34,853 | $31,686 | 91% | ($3,167) | |
Outside Services - Personnel | 1,660 | 1,660 | 1,470 | 89% | (190) | |
Travel | 1,583 | 1,583 | 916 | 58% | (667) | |
Buildings | 0 | 0 | 0 | 0 | 0 | |
Equipment | 1,555 | 1,555 | 2,527 | 163% | 972 | |
Outside Services - Other | 0 | 0 | 3 | 0 | 3 | |
Other Expenses | 447 | 447 | 350 | 78% | (97) | |
Total Office of the Inspector General | $40,098 | $40,098 | $36,952 | 92% | ($3,146) | |
Total FDIC Operating Budget | $2,092,133 | $2,092,133 | $1,897,541 | 91% | ($194,592) |