Budget & Expenditures by Division/Office - Third Quarter 2023
| Division/office | Annual Budget | YTD Budget | YTD Expenditures | % of YTD Budget Used | YTD Variance |
|---|---|---|---|---|---|
| FDIC Operating Budget | |||||
| Risk Management Supervision | $641,878 | $473,615 | $439,106 | 93% | ($34,509) |
| Information Technology | 438,728 | 325,883 | 284,896 | 87% | (40,987) |
| Administration | 358,005 | 262,114 | 211,146 | 81% | (50,968) |
| Depositor & Consumer Protection | 213,671 | 157,857 | 143,977 | 91% | (13,880) |
| Legal | 173,632 | 127,836 | 115,461 | 90% | (12,375) |
| Resolutions & Receiverships | 842,560 | 498,402 | 442,984 | 89% | (55,418) |
| Complex Institution Supervision & Resolution | 165,303 | 131,979 | 123,141 | 93% | (8,838) |
| Insurance & Research | 66,891 | 49,213 | 43,483 | 88% | (5,730) |
| Inspector General1 | 48,085 | 35,307 | 35,160 | 100% | (147) |
| Chief Information Security Officer | 53,066 | 38,613 | 33,964 | 88% | (4,649) |
| Executive Support2 | 48,244 | 35,030 | 24,319 | 69% | (10,711) |
| Finance | 41,108 | 30,484 | 29,178 | 96% | (1,306) |
| Corporate University - Corporate | 28,088 | 20,480 | 18,069 | 88% | (2,411) |
| Executive Offices3 | 14,773 | 10,707 | 8,883 | 83% | (1,824) |
| Risk Management & Internal Control | 10,034 | 7,663 | 7,012 | 92% | (651) |
| Corporate Unassigned4 | 15,013 | 0 | 0 | 0% | 0 |
| Total FDIC Operating Budget5 | $3,159,079 | $2,205,182 | $1,960,780 | 89% | ($244,402) |
- 1
The OIG year-to-date expenses have been reduced by approximately $1.8 million to reflect expenses that were incurred in 2022.
- 2
Executive Support includes the Offices of Minority and Women Inclusion, Communications, Ombudsman, Legislative Affairs, and Financial Institution Adjudication.
- 3
Executive Offices include the offices of the Chairman, Vice Chairman, Independent Director, Deputy to the Chairman and Chief Operating Officer, Deputy to the Chairman and Chief Financial Officer, Deputy to the Chairman for Policy, Deputy to the Chairman for External Affairs, Deputy to the Chairman for Financial Stability, and Chief Information Officer/Chief Privacy Officer.
- 4
This reflects a contingency reserve in the Ongoing Operations budget component to meet unanticipated budget requirements that may arise during the year.
- 5
Totals may not foot due to rounding.