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2000 Annual Report

Corporate Planning and Budget, FDIC Expenditures, 1991-2000
Dollars in Millions
FDIC Expenditures Continue Downward Trend

bar chart: FDIC Expenditures Continue Downward Trend

Year 1991 92 93 94 95 96 97 98 99 2000
RTC ($) Blue bar empty cell empty cell empty cell empty cell empty cell 579.0 330.3 175.0 163.8 120.0
FDIC ($) Black bar 1423.6 1866.3 2003.8 1776.3 1371.7 1127.0 1047.0 1027.0 992.6 1001.2

Note: Resolution Trust Corporation (RTC) expenditures became the responsibility of the FDIC on January 1, 1996

The FDIC’s Strategic Plan and Annual Performance Plan provide the basis for annual planning and budgeting for needed resources. The 2000 aggregate budget (for corporate and receivership expenses) was $1.19 billion, while actual expenditures for the year were $1.12 billion, about $35 million less than 1999 expenditures.

Over the past 10 years, the FDIC’s expenditures have risen and declined in response to its workload. During the first half of the decade, costs increased as the FDIC became heavily involved with resolving the banking crisis of the late 1980s and early 1990s. In 1994 and 1995, expenditures declined due to decreasing resolution and receivership activity, but temporarily increased in 1996 in conjunction with the absorption of the Resolution Trust Corporation (RTC). Total expenditures have decreased each year since 1996.

The largest component of FDIC spending is for the costs associated with staffing. The FDIC’s staff has declined each year during the past five years. Staffing decreased by about 11 percent in 2000, from 7,266 employees at the beginning of the year to 6,452 at the end of the year.


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Last Updated 02/08/2002 communications@fdic.gov