Budget & Expenditures by Division/Office - Fourth Quarter 2021
| Division/office | Annual Budget | YTD Budget | YTD Expenditures | % of YTD Budget Used | YTD Variance |
|---|---|---|---|---|---|
| FDIC Operating Budget | |||||
| Risk Management Supervision | $581,169 | $581,169 | $517,603 | 89% | ($63,566) |
| Information Technology | 364,609 | 364,609 | 346,482 | 95% | (18,127) |
| Administration | 302,115 | 302,115 | 254,308 | 84% | (47,807) |
| Depositor & Consumer Protection | 185,250 | 185,250 | 168,224 | 91% | (17,026) |
| Legal | 163,986 | 163,986 | 146,224 | 89% | (17,762) |
| Resolutions & Receiverships | 133,065 | 133,065 | 115,815 | 87% | (17,250) |
| Complex Institution Supervision & Resolution | 101,686 | 101,686 | 84,265 | 83% | (17,421) |
| Insurance & Research | 63,791 | 63,791 | 56,130 | 88% | (7,661) |
| Inspector General | 44,913 | 44,913 | 40,436 | 90% | (4,477) |
| Chief Information Security Officer | 41,077 | 41,077 | 37,197 | 91% | (3,880) |
| Executive Support1 | 51,891 | 51,891 | 35,374 | 68% | (16,517) |
| Finance | 37,961 | 37,961 | 34,285 | 90% | (3,676) |
| Corporate University - Corporate | 23,094 | 23,094 | 21,104 | 91% | (1,990) |
| Executive Offices2 | 14,447 | 14,447 | 11,233 | 78% | (3,214) |
| Corporate Unassigned3 | 169,494 | 169,494 | 0 | 0% | (169,494) |
| Total FDIC Operating Budget | $2,278,548 | $2,278,548 | $1,868,680 | 82% | ($409,868) |
- 1
Executive Support includes the Offices of Minority and Women Inclusion, Communications, Ombudsman, Legislative Affairs, Financial Institution Adjudication, CIO Management Services, and FDiTech.
- 2
Executive 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.
- 3
The 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.