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Each depositor insured to at least $250,000 per insured bank



Home > About FDIC > Financial Reports > 2002 Annual Report




2002 Annual Report

 
II. Performance Results
 

2002 Budget and Expenditures by Program

 

The FDIC budget for 2002 totaled $1.22 billion. Excluding $142.9 million for Corporate General and Administrative expenditures, budget amounts were allocated to corporate programs and related goals as follows: $152.6 million, or 14 percent, to the Insurance program; $606.7 million, or 57 percent, to the Supervision program; and $313.9 million, or 29 percent, to the Receivership Management program.

Actual expenditures for the year totaled $1.19 billion. Excluding $125.8 million for Corporate General and Administrative expenses, actual expenditures were allocated to programs as follows: $118.3 million, or 11 percent, to the Insurance program; $629.3 million, or 59 percent, to the Supervision program; and $316.5 million, or 30 percent, to the Receivership Management program.

Higher-than-proposed spending for the Supervision program and lower-than-projected spending for the Insurance program reflect actual time charges by examiners. During 2003, the FDIC will review time reported by examiners to ensure that they are accurately allocating their time between these two programs.



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Last Updated 03/31/2003 communications@fdic.gov

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