Budget & Expenditures by Budget Component and Major Expense Category

Budget & Expenditures by Budget Component and Major Expense Category - First Quarter 2024

Executive Summary of 2024 Budget and Expenditures
by Budget Component and Major Expense Category
Through March 31, 2024
(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	$1,707,948	$427,424	$392,524	92%	($34,900)
Outside Services - Personnel	436,881	100,321	80,335	80%	(19,986)
Travel	70,461	17,264	14,338	83%	(2,927)
Buildings	142,318	25,851	18,468	71%	(7,383)
Equipment	168,342	41,345	30,817	75%	(10,528)
Outside Services - Other	19,022	4,942	2,995	61%	(1,947)
Other Expenses	16,065	5,266	4,697	89%	(569)
Total Ongoing Operations1	$2,560,997	$622,413	$544,175	87%	($78,238)
Receivership Funding
Salaries & Compensation	$43,504	$10,888	$3,502	32%	$304.40
Outside Services - Personnel	285,408	40,317	45,758	113%	5,441
Travel	4,305	1,073	400	37%	(673)
Buildings	949	236	37	16%	(199)
Equipment	13,399	3,562	1,335	37%	(2,227)
Outside Services - Other	362	90	86	95%	(4)
Other Expenses	2,074	518	13,206	2547%	12,687
Total Receivership Funding2	$350,000	$56,684	$64,324	113%	$7,639
Salaries & Compensation	$44,471	$12,195	$12,129	99%	($67)
Outside Services - Personnel	1,787	447	142	32%	(304)
Travel	985	246	172	70%	(75)
Buildings	0	0	2		2
Equipment	2,674	668	200	30%	(468)
Outside Services - Other	40	10	1	8%	(9)
Other Expenses	581	145	82	56%	(63)
Total Office of Inspector General3	$50,537	$13,712	$12,728	93%	($984)
Total FDIC Operating Budget4	$2,961,535	$692,809	$621,227	90%	($71,582)