Budget & Expenditures by Budget Component and Major Expense Category

Budget & Expenditures by Budget Component and Major Expense Category - Fourth Quarter 2023

Executive Summary of 2023 Budget and Expenditures
by Budget Component and Major Expense Category
Through December 31, 2023
(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	$1,501,707	$1,501,707	$1,444,177	96%	($57,529)
Outside Services - Personnel	381,256	381,256	322,998	85%	(58,358)
Travel	86,051	86,051	51,646	60%	(34,406)
Buildings	124,179	124,179	88,406	71%	(35,773)
Equipment	156,093	156,093	137,278	88%	(18,816)
Outside Services - Other	20,967	20,967	13,589	65%	(7,377)
Other Expenses	15,642	15,642	11,215	72%	(4,427)
Total Ongoing Operations1	$2,285,994	$2,285,994	$2,069,309	91%	($216,685)
Receivership Funding
Salaries & Compensation	24,742	24,742	6,767	27%	(17,975)
Outside Services - Personnel	411,627	411,627	370,922	90%	(40,705)
Travel	4,032	4,032	2,883	71%	(1,149)
Buildings	405	405	95	23%	(310)
Equipment	8,911	8,911	3,279	37%	(5,632)
Outside Services - Other	1,491	1,491	1,330	89%	(162)
Other Expenses	373,791	373,791	298,283	80%	(75,508)
Total Receivership Funding2	$825,000	$825,000	$683,559	83%	($141,441)
Office of Inspector General
Salaries & Compensation	$41,500	$41,500	$37,160	94%	($4,340)
Outside Services - Personnel	1,484	1,484	2,936	74%	1,452
Travel	1,594	1,594	1,114	70%	(480)
Buildings	0	0	223		223
Equipment	2,198	2,198	3,827	174%	1,629
Outside Services - Other	0	0	104		104
Other Expenses	1,309	1,309	1,552	119%	243
Total Office of Inspector General3	$48,085	$48,085	$46,915	98%	($1,170)
Total FDIC Operating Budget4	$3,159,079	$3,159,079	$2,799,783	89%	($359,296)