Budget & Expenditures by Budget Component and Major Expense Category

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

Executive Summary of 2023 Budget and Expenditures
by Budget Component and Major Expense Category
Through June 30, 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	$736,772	$697,492	95%	($39,280)
Outside Services - Personnel	384,289	182,785	155,761	85%	(27,902581)
Travel	86,431	39,734	21,805	55%	(17,930)
Buildings	124,179	55,800	38,395	69%	(17,405)
Equipment	152,340	88,225	61,961	70%	(26,264)
Outside Services - Other	21,407	7,328	6,199	85%	(1,129)
Other Expenses	15,642	9,070	7,281	80%	(1,789)
Total Ongoing Operations1	$2,285,994	$1,119,714	$988,894	88%	($130,821)
Receivership Funding
Salaries & Compensation	24,742	3,584	3,255	91%	(329)
Outside Services - Personnel	355,547	113,184	93,536	83%	(19,684)
Travel	3,032	1,660	1,368	82%	(292)
Buildings	405	144	84	59%	(59)
Equipment	8,611	3,170	1,743	55%	(1,427)
Outside Services - Other	1,371	370	160	43%	(211)
Other Expenses	431,291	107,966	57,753	53%	(50,213)
Total Receivership Funding2	$825,000	$230,079	$157,899	69%	($72,179)
Office of Inspector General
Salaries & Compensation	$41,500	$21,353	$21,214	99%	($139)
Outside Services - Personnel	1,484	627	366	58%	(260)
Travel	1,594	620	569	92%	(51)
Buildings	0	0	0	0%	0
Equipment	2,198	973	2,882	296%	1,909
Outside Services - Other	0	0	100		100
Other Expenses	1,309	330	797	242%	468
Total Office of Inspector General3	$48,085	$23,902	$25,928	108%	$2,026
Total FDIC Operating Budget4	$3,159,079	$1,373,695	$1,172,721	85%	($200,974)