Federal Deposit
Insurance Corporation

VI. Appendix A – Key Statistics

d

The FDIC's Strategic Plan and Annual Performance Plan provide the basis for annual planning and budgeting for needed resources. The 2005 aggregate budget (for corporate, receivership and investment spending) was $1.18 billion, while actual expenditures for the year were $1.05 billion, about $60 million less than 2004 expenditures.

Over the past 10 years, the FDIC's expenditures have varied in response to workload. During the past decade, expenditures generally declined due to decreasing resolution and receivership activity, although they temporarily increased in 1996 in conjunction with the absorption of the Resolution Trust Corporation (RTC) and its residual operations and workload. Total expenditures increased in 2002 due to an increase in receivership-related expenses.

The largest component of FDIC spending is for costs associated with staffing. Staffing decreased by just over 11 percent in 2005, from 5,078 employees at the beginning of the year to 4,514 at the end of the year.