|
|
Budget & Expenditures
by Major Expense Categories - Fourth Quarter 2010
Executive
Summary of 2010 Budget and Expenditures by Major Expense Category
Through December 31, 2010
(Dollars in Thousands)
|
| Major
Expense Category |
YTD
Budget |
YTD
Expenditures |
%
of Budget Used |
Variance |
| Corporate
Operating Budget |
| Ongoing
Operations |
Salaries & Compensation |
$962,073 |
$932,189 |
97% |
($29,884) |
| Outside Services - Personnel |
240,699 |
208,154 |
86% |
(32,545) |
| Travel |
88,454 |
88,558 |
100% |
104 |
| Buildings |
76,894 |
77,087 |
100% |
193 |
| Equipment |
84,527 |
89,717 |
106% |
5,190 |
| Outside Services - Other |
21,650 |
16,880 |
78% |
(4,770) |
| Other Expenses |
14,983 |
11,417 |
76% |
(3,566) |
| Total Ongoing Operations |
$1,489,280 |
$1,424,002 |
96% |
($65,278) |
| Receivership Funding |
| Salaries & Compensation |
$315,072 |
$246,313 |
78% |
($68,759) |
| Outside Services - Personnel |
1,615,331 |
1,187,417 |
74% |
(427,914) |
| Travel |
59,566 |
41,534 |
70% |
(18,032) |
| Buildings |
254,172 |
206,880 |
81% |
(47,292) |
| Equipment |
44,759 |
33,905 |
76% |
(10,854) |
| Outside Services - Other |
26,985 |
67,207 |
249% |
40,222 |
| Other Expenses |
184,116 |
214,094 |
116% |
29,978 |
| Total Receivership Funding |
$2,500,000 |
$1,997,350 |
80% |
($502,650) |
| Total Corporate Operating Budget |
$3,989,280 |
$3,421,352 |
86% |
($567,928) |
| Investment Budget 1 |
$1,089 |
$413 |
38% |
($676) |
| Grand Total |
$3,990,369 |
$3,421,765 |
86% |
($568,604) |
___________________________________________________
1Budgets
for investment projects are approved on a multi-year basis; the
year-to-date
budget amount reflects the 2010 spending estimates for approved
projects. The YTD expenditures amount includes a credit for reimbursed cost from a prior period.
|
