Budget & Expenditures by Division/Office - Second Quarter 2021
| Division/office | Annual Budget | YTD Budget | YTD Expenditures | % of YTD Budget Used | YTD Variance |
|---|---|---|---|---|---|
| FDIC Operating Budget | |||||
| Risk Management Supervision | $581,168 | $296,468 | $258,404 | 87% | ($38,064) |
| Information Technology | 364,420 | 188,117 | 176,558 | 94% | (11,559) |
| Administration | 302,464 | 145,985 | 130,014 | 89% | (15,971) |
| Depositor & Consumer Protection | 185,250 | 92,256 | 84,117 | 91% | (8,139) |
| Legal | 163,986 | 77,124 | 70,492 | 91% | (6,632) |
| Resolutions & Receiverships | 133,065 | 65,130 | 60,045 | 92% | (5,085) |
| Complex Institution Supervision & Resolution | 101,686 | 46,697 | 41,460 | 89% | (5,237) |
| Insurance & Research | 63,791 | 31,468 | 28,268 | 90% | (3,200) |
| Inspector General | 44,913 | 22,406 | 19,603 | 87% | (2,803) |
| Chief Information Security Officer | 41,077 | 21,431 | 17,592 | 82% | (3,839) |
| Executive Support1 | 51,543 | 23,770 | 17,079 | 72% | (6,691) |
| Finance | 37,961 | 18,079 | 17,435 | 96% | (644) |
| Corporate University - Corporate | 23,094 | 10,797 | 10,215 | 95% | (582) |
| Executive Offices2 | 14,447 | 6,346 | 5,636 | 89% | (710) |
| Corporate Unassigned3 | 169,683 | 0 | 0 |
| 0 |
| Total FDIC Operating Budget | $2,278,548 | $1,046,074 | $936,918 | 90% | ($109,156) |
- 1
Executive Support includes the Offices of Minority and Women Inclusion, Communications, Ombudsman, Legislative Affairs, Financial Institution Adjudication, and Risk Management and Internal Controls as well as FDiTech Lab.
- 2
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, Deputy to the Chairman for Consumer Protection and Innovation, and Chief Information Officer/Chief Privacy Officer.
- 3
The Corporation Unassigned contingency reserve includes $140 million ($40 million in Ongoing Operations and $100 million in Receivership Funding portions of the budget) in funds budgeted to ensure that FDIC is prepared to respond quickly to potential pandemic-related problems within the banking industry. Those funds are not available for use for any other purpose.