Budget & Expenditures by Budget Component and Major Expense Category - Second Quarter 2021
| Major Expense Category | Annual Budget | YTD Budget | YTD Expenditures | % of YTD Budget Used | YTD Variance |
|---|---|---|---|---|---|
| FDIC Operating Budget | |||||
| Ongoing Operations | |||||
| Salaries & Compensation | $1,355,812 | $671,451 | $641,195 | 95% | ($30,256) |
| Outside Services - Personnel | 376,751 | 164,425 | 140,080 | 85% | (24,345) |
| Travel | 61,552 | 28,564 | 4,131 | 14% | (24,433) |
| Buildings | 111,716 | 52,291 | 41,851 | 80% | (10,440) |
| Equipment | 120,511 | 67,782 | 57,182 | 84% | (10,600) |
| Outside Services - Other | 17,688 | 7,994 | 8,597 | 108% | 603 |
| Other Expenses | 14,607 | 7,945 | 5,158 | 65% | (2,787) |
| Total Ongoing Operations | $2,058,637 | $1,000,452 | $898,194 | 90% | (102,258) |
| Receivership Funding | |||||
| Salaries & Compensation | $1,008 | $504 | ($11) | -2% | ($515) |
| Outside Services - Personnel | 168,589 | 19,937 | 16,503 | 83% | (3,434) |
| Travel | 793 | 389 | 10 | 3% | (379) |
| Buildings | 2,129 | 1,064 | 1,058 | 99% | (64) |
| Equipment | 1,273 | 637 | 739 | 116% | 102 |
| Outsie Services - Other | 179 | 89 | 52 | 58% | (37) |
| Other Expenses | 1,028 | 595 | 770 | 129% | 175 |
| Total Receivership Funding | $174,9991 | $23,215 | $19,121 | 82% | ($4,094) |
| Office of Inspector General | |||||
| Salaries & Compensation | $36,603 | $18,251 | $18,097 | 100% | ($154) |
| Outside Services - Personnel | 3,857 | 1,929 | 684 | 29% | (1,245) |
| Travel | 1,235 | 618 | 265 | 34% | (353) |
| Buildings | 0 | 0 | 0 |
| 0 |
| Equipment | 2,371 | 1,185 | 349 | 25% | (836) |
| Outside Services - Other | 1 | 1 | 0 |
| (1) |
| Other Expenses | 846 | 423 | 28 | 26% | (215) |
| Total Office of Inspector General | $44,912 | 22,407 | $19,603 | 87% | ($2,804) |
| Total FDIC Operating Budget | $2,278,548 | $1,046,074 | $936,918 | 90% | ($109,156) |
- 1
The total annual budget for Receivership Funding includes the Board approved $100 million contingency funding in the event of an uptick in pandemic-related resolution activity.