Chief Financial Officer's (CFO) Report to the Board
Executive
Summary of 2019 Budget and Expenditures by Division/Office
Through September 30, 2019 (Dollars in Thousands) |
Division/Office | Annual Budget | YTD Budget | YTD Expenditures | % of YTD Budget Used | YTD Variance |
---|---|---|---|---|---|
FDIC Operating Budget | |||||
FDIC Operating Budget | |||||
Risk Management Supervision | $551,291 | $424,015 | $410,057 | 97% | ($13,958) |
Administration3 | 267,323 | 200,818 | 192,494 | 96% | (8,324) |
Information Technology | 240,504 | 181,027 | 164,034 | 91% | (16,993) |
Resolutions & Receiverships | 198,959 | 152,166 | 113,590 | 75% | (38,576) |
Legal | 191,093 | 144,913 | 115,314 | 80% | (29,599) |
Depositor & Consumer Protection | 179,507 | 135,782 | 130,188 | 96% | (5,594) |
Insurance & Research | 55,527 | 41,837 | 40,115 | 96% | (1,722) |
CIO Council | 51,890 | 39,227 | 39,131 | 100% | (96) |
Chief Information Security Officer | 48,096 | 35,483 | 30,884 | 87% | (4,599) |
Inspector General | 42,982 | 32,237 | 28,307 | 88% | (3,930) |
Finance | 40,740 | 31,379 | 28,853 | 92% | (2,526) |
Complex Institution Supervision & Resolution | 40,581 | 16,687 | 14,452 | 87% | (2,235) |
Executive Support 1 | 33,729 | 25,268 | 21,585 | 85% | (3,683) |
Corporate University - Corporate | 26,349 | 19,173 | 18,275 | 95% | (898) |
Corporate University - CEP | 20,939 | 15,361 | 13,502 | 88% | (1,859) |
Executive Offices2 | 13,548 | 10,938 | 9,691 | 89% | (1,247) |
Government Litigation | 0 | 0 | 0 | N/A | 0 |
Complex Financial Institutions | 10,726 | 10,629 | 10,211 | 96% | (418) |
Corporate Unassigned | 29,662 | 0 | 0 | 0 | |
Total FDIC Operating Budget | $2,043,446 | $1,516,940 | $1,380,683 | 91% | ($136,257) |
1Executive Support includes the Offices of Minority and Women Inclusion, Communications, Ombudsman, Legislative Affairs, Financial Institution Adjudication, CIO Management Services, and FDiTech Lab.
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, Deputy to the Chairman for Policy and Chief Information Officer.
3Budget and expenses for the Internal Ombudsman and the COO's Administrative Services Group are reported for administrative purposes with DOA.