1The amounts shown for Ongoing Operations and Receivership Funding reflect the budget approved by the Board of Directors for each component on December 11, 2012. The amount shown for the Investment Budget is an aggregation of multi-year project-based budgets approved by the Board on various dates.
2The amounts in the Budget and Future Years columns for the Investment Budget represent estimated spending and remaining budget available for future years.
3The 2012 Corporate Operating Budget reflects the final budgeted amounts by major expense category at the end of 2012. This varies from the budget approved by the Board of Directors due to realignments among major expense categories made during 2012.
4The 2013 Budget column reflects the budget approved by the Board of Directors adjusted for realignments among major expense categories made through March 2013.