Chief Financial Officer's (CFO) Report to the Board
| Executive
Summary of 2018 Budget and Expenditures by Division/Office
Through September 30, 2018 (Dollars in Thousands) |
| Division/Office | Annual Budget | YTD Budget | YTD Expenditures | % of YTD Budget Used | YTD Variance |
|---|---|---|---|---|---|
| FDIC Operating Budget | |||||
| Risk Management Supervision | $579,831 | $437,344 | $419,766 | 96% | ($17,578) |
| Resolutions & Receiverships | 236,786 | 178,570 | 153,997 | 86% | (24,573) |
| Administration | 274,830 | 203,859 | 180,783 | 89% | (23,076) |
| Legal | 197,518 | 149,938 | 135,617 | 90% | (14,321) |
| Information Technology | 244,696 | 186,395 | 170,262 | 91% | (16,133) |
| Depositor & Consumer Protection | 181,186 | 137,742 | 130,822 | 95% | (6,920) |
| Insurance & Research | 51,532 | 38,610 | 37,482 | 97% | (1,128) |
| CIO Council | 52,118 | 37,500 | 35,525 | 95% | (1,975) |
| Finance | 40,935 | 30,509 | 29,545 | 97% | (964) |
| Inspector General | 40,098 | 30,074 | 26,032 | 87% | (4,042) |
| Information Security & Privacy Staff | 50,383 | 39,003 | 30,617 | 78% | (8,386) |
| Executive Support1 | 21,902 | 16,458 | 15,158 | 92% | (1,300) |
| Complex Financial Institutions | 19,715 | 13,862 | 13,301 | 96% | (561) |
| Corporate University - Corporate | 26,153 | 21,477 | 19,388 | 90% | (2,089) |
| Corporate University - CEP | 18,834 | 14,519 | 14,229 | 98% | (290) |
| Executive Offices2 | 11,073 | 8,423 | 7,308 | 87% | (1,115) |
| Corporate Unassigned | 44,543 | 0 | 0 | 0 | |
| Total FDIC Operating Budget | $2,092,133 | $1,544,283 | $1,419,832 | 92% | ($124,451) |
1Executive Support includes the Offices of Minority and Women Inclusion, Communications, Ombudsman, Legislative Affairs, and Financial Instituion Adjudication.
2Executive 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, and Chief Information Officer.