Budget & Expenditures by Division/Office - First Quarter 2024
| Division/office | Annual Budget | YTD Budget | YTD Expenditures | % of YTD Budget Used | YTD Variance |
|---|---|---|---|---|---|
| Risk Management Supervision | $705,795 | $176,641 | $164,492 | 93% | ($12,149) |
| Information Technology | 475,689 | 118,070 | 95,166 | 81% | (22,904) |
| Administration | 410,351 | 90,040 | 74,958 | 83% | (15,082) |
| Depositor & Consumer Protection | 240,274 | 59,593 | 56,106 | 94% | (3,487) |
| Legal | 220,963 | 55,304 | 45,564 | 82% | (9,740) |
| Resolutions & Receiverships | 297,935 | 74,581 | 82,924 | 111% | 8,343 |
| Complex Institution Supervision & Resolution | 126,132 | 32,701 | 27,618 | 84% | (5,083) |
| Insurance & Research | 70,634 | 17,181 | 15,661 | 91% | (1,520) |
| Inspector General | 50,537 | 13,712 | 12,728 | 93% | (984) |
| Chief Information Security Officer | 54,878 | 12,844 | 12,833 | 100% | (11) |
| Executive Support1 | 47,247 | 12,224 | 8,844 | 72% | (3,380) |
| Finance | 46,066 | 11,450 | 10,777 | 94% | (673) |
| Corporate University - Corporate | 30,758 | 7,337 | 7,194 | 98% | (143) |
| Executive Offices2 | 26,264 | 8,416 | 4,092 | 49% | (4,324) |
| Risk Management & Internal Control | 11,723 | 2,714 | 2,271 | 84% | (443) |
| Corporate Unassigned3 | 146,289 | 0 | 0 | 0% | 0 |
| Total FDIC Operating Budget4 | $2,961,535 | $692,809 | $621,227 | 90% | ($71,582) |
- 1
Executive Support includes the Offices of Minority and Women Inclusion, Communications, Ombudsman, Legislative Affairs, and Financial Institution Adjudication.
- 2
Executive Offices include the offices of the Chairman, Vice Chairman, Appointive 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.
- 3
This includes a $20.75 million contingency reserve in the Ongoing Operations budget component and a $125.5 million contingency reserve in the Receivership Funding budget component to meet unanticipated budget requirements that may arise during the year.
- 4
Totals may not foot due to rounding.