Each depositor insured to at least $250,000 per insured bank



Home > About FDIC > Financial Reports > Chief Financial Officer's (CFO) Report to the Board





Chief Financial Officer's (CFO) Report to the Board

Skip Left Navigation Links
Chief Financial Officer's (CFO) Report to the Board Home
Executive Summary

   •  Summary Trends and Results
I. Corporate Fund Financial Results

   •  DIF Balance Sheet
   •  DIF Income Statement
   •  DIF Statements of Cash Flows
   •  FRF Statements of Cash Flows
II. Investments Results & Prospective Strategies

   •  Deposit Insurance Fund Portfolio Summary
   •  Approved Investment Strategy
III. Budget Results

   •  Budget & Expenditures by Major Expense Categories
   •  Budget & Expenditures by Budget Component, Division & Office
Printable Version

Budget & Expenditures by Budget Component, Division & Office - First Quarter 2007

Executive Summary of 2007 Budget and Expenditures by Budget Component and Division/Office Through March 31, 2007
(Dollars in Thousands)
Division/Office YTD
Budget
YTD
Expenditures
% of
Budget Used
Variance
Corporate Operating Budget
   Supervision & Consumer
   Protection
$96,237 $92,772 96% ($3,465)
   Information Technology 42,921 38,669 90% (4,252)
   Administration 39,742 36,296 91% (3,446)
   Resolutions & Receiverships 24,743 11,448 46% (13,295)
   Legal 23,101 18,452 80% (4,649)
   Insurance & Research 9,161 8,378 91% (783)
   Finance 7,436 6,971 94% (465)
   Inspector General 6,281 5,788 92% (493)
   Corporate University 6,307 6,047 96% (260)
   Executive Support 1 4,150 3,501 84% (649)
   Executive Offices 2 1,076 1,144 106% 68
   Government Litigation 1,000 0 0% (1,000)
Total Corporate Operating Budget $262,155 $229,466 88% ($32,689)
Investment Budget 3
   Information Technology $5,451 $3,751 69% ($1,700)
   Resolutions & Receiverships 52 115 221% 63
   Insurance & Research 99 19 19% (80)
Total Investment Budget 3 $5,602 $3,885 69% ($1,717)
Combined Division/Office Budgets
   Supervision & Consumer
   Protection
$96,237 $92,772 96% ($3,465)
   Information Technology 48,372 42,420 88% (5,952)
   Administration 39,742 36,296 91% (3,446)
   Resolutions & Receiverships 24,795 11,563 47% (13,232)
   Legal 23,101 18,452 80% (4,649)
   Insurance & Research 9,260 8,397 91% (863)
   Finance 7,436 6,971 94% (465)
   Inspector General 6,281 5,788 92% (493)
   Corporate University 6,307 6,047 96% (260)
   Executive Support 1 4,150 3,501 84% (649)
   Executive Offices 2 1,076 1,144 106% 68
   Government Litigation 1,000 0 0% (1,000)
Grand Total $267,757 $233,351 87% ($34,406)

1 Executive Support includes the Offices of Diversity and Economic Opportunity, Public Affairs, Ombudsman, Legislative Affairs, and Enterprise Risk Management and International Affairs.
2 Executive Offices include the offices of the Chairman, Vice Chairman, Independent Director, Deputy to the Chairman and Chief Operating Officer, and Deputy to the Chairman and Chief Financial Officer.
3Budgets for investment projects are approved on a multi-year basis; the "Year-to-Date Budget" amount reflects the 2007 spending estimates for approved projects. Detailed quarterly reports on the status of those projects are provided separately to the Board by the Capital Investment Review Committee.



Last Updated 05/16/2007 dofbusinesscenter@fdic.gov