Chief Financial Officer's (CFO) Report to the Board
Budget & Expenditures by Major Expense Categories - Fourth Quarter 2017
| Executive
Summary of 2017 Budget and Expenditures by Budget Component and Major Expense Category Through December 31, 2017 (Dollars in Thousands) |
| Major Expense Category | Annual Budget |
YTD
Budget |
YTD
Expenditures |
%
of YTD Budget Used |
YTD Variance |
|
| FDIC Operating Budget | ||||||
| Ongoing Operations | Salaries & Compensation | $1,247,608 | $1,247,608 | $1,158,537 | 93% | ($89,071) |
| Outside Services - Personnel | $251,831 | $251,831 | $223,280 | 89% | ($28,551) | |
| Travel | $95,448 | $95,448 | $85,306 | 89% | ($10,142) | |
| Buildings | $103,054 | $103,054 | $91,667 | 89% | ($11,387) | |
| Equipment | $92,503 | $92,503 | $89,697 | 97% | ($2,806) | |
| Outside Services - Other | $16,545 | $16,545 | $14,365 | 87% | ($2,180) | |
| Other Expenses | $14,081 | $14,081 | $11,547 | 82% | ($2,534) | |
| Total Ongoing Operations | $1,821,070 | $1,821,070 | $1,674,399 | 92% | ($146,671) | |
| Receivership Funding | ||||||
| Salaries & Compensation | $37,356 | $37,356 | $28,159 | 75% | ($9,197) | |
| Outside Services - Personnel | $230,152 | $230,152 | $168,427 | 73% | ($61,725) | |
| Travel | $3,284 | $3,284 | $4,052 | 123% | $768 | |
| Buildings | $17,700 | $17,700 | $9,843 | 56% | ($7,857) | |
| Equipment | $1,431 | $1,431 | $1,353 | 95% | ($78) | |
| Outside Services - Other | $1,273 | $1,273 | $1,329 | 104% | $56 | |
| Other Expenses | $8,804 | $8,804 | $8,328 | 95% | ($476) | |
| Total Receivership Funding | $300,000 | $300,000 | $221,491 | 74% | ($78,509) | |
| Office of Inspector General | ||||||
| Salaries & Compensation | $32,770 | $32,770 | $31,048 | 95% | ($1,722) | |
| Outside Services - Personnel | $1,418 | $1,418 | $1,229 | 87% | ($189) | |
| Travel | $1,486 | $1,486 | $1,229 | 83% | ($257) | |
| Buildings | $0 | $0 | $0 | $0 | ||
| Equipment | $487 | $487 | $1,229 | 252% | $742 | |
| Outside Services - Other | $169 | $169 | $7 | 4% | ($162) | |
| Other Expenses | $423 | $423 | $341 | 81% | ($82) | |
| Total Office of Inspector General | $36,753 | $36,753 | $35,083 | 95% | ($1,670) | |
| Total FDIC Operating Budget | $2,157,823 | $2,157,823 | $1,930,973 | 89% | ($226,850) | |