DFC Budget Summary

Submitted Pursuant to PL 116‐260

FY 2021 Admin Budget ‐ Funded from all sources ‐ Current year appropriations, Recoveries of prior year resources, a

Insurance Claims and Provisions are not included

Projection as of 04/21/2021

Personnel Compensation 72,951,836 $Travel and Transportation of Persons 4,484,678 $

Rental Payments to Others 9,583,975 $

Communications 1,222,383 $Printing and Reproduction 246,552 $

Other Contractual Services 18,218,824 $Advisory and Assistance Services 13,922,167 $Other Services from Non‐Federal Sources 106,110 $

Representation Expense 25,000 $Training 989,847 $Other Goods and Services from Federal Sources 400,000 $

Operation and Maintenance of Facilities 610 $

Operation and Maintenance of Equipment 21,506,960 $

Professional Accreditation Fees 9,745 $Supplies and Materials 2,348,545 $Interest and Dividends 15,000 $

Total $ 146,032,233

Budget Object Class

FY21

Projected

Admin Budget
FY 2021

Projected 

Budget

SOURCES

Admin Appropriations (FY21 projected) 119,000,000Total Carryforward 53,627,058

TOTAL Sources 172,627,058USES

Payroll 70,968,036Transaction Origination Resources 9,173,722Development Monitoring and Evaluation 1,428,708Financial Monitoring 1,969,900Governance and Accountability 1,862,595Grants and Technical Assistance 230,000Operationalizing Interagency Collaboration 1,508,614Implementing Resources 15,805,225Legal 5,110,532Technology 28,390,927Rent 9,583,975

TOTAL Uses 146,032,233Admin Surplus/Deficit (a.k.a Carryforward) 26,594,825Note 3 ‐ Above chart does not include recoveries

Note 2 ‐ Estimated WC funding for OPIC legacy projects is $267M of

which we project obligating $3.5M in FY21.

DFC Admin Budget

4/21/2021

Appropriated Funding

Note 1 ‐ This budget includes funding for Serbia ($269.1K‐‐both FTE

Payroll and support costs) and South Africa ($204.6 ‐FTE payroll only.

Support costs are covered by REPA 2.0 IAA)
SOURCES

Anticipated FY21 Collections 9,066,413

USES

Payroll 2,661,958Transaction Origination Resources 3,894,900Development Monitoring and Evaluation 204,865Financial Monitoring 204,865Governance and Accountability -Grants and Technical Assistance -Operationalizing Interagency Collaboration -Implementing Resources 1,017,967Legal -Technology 498,357Rent* 583,500

TOTAL Uses 9,066,413

Domestic IAAs:

FTF ‐ Agricultural Finance Unit (limited‐term FTE payroll costs only). $2 million authorized from 9/30/2019‐9/29/2022.

Prosper Africa (Domestic PSCs and overseas contractors). $2million authorized from 7/21/2020‐7/20/2022.

USAID/DCA BUILD Support Costs (PSCs and contracts) $2.2 million authorized from 8/5/2019‐9/30/2021

Power Africa (Supports PSCs). $2 million authorized from 9/8/2020‐9/7/2023.

DPA (FTE payroll and non‐FTE support costs). $6,236,826 authorized from 8/7/2020‐8/6/2029.

Overseas IAAs:

India ‐ Clean Energy Program (Project support costs ‐ no FTE related costs) $500,000 authorized from 9/21/2016‐3/31/2021.

Regional Economic Partnership Program in Africa‐‐REPPA 2.0 (FTE and contract support costs) $5 million authorized from 9/30/2019‐9/29/2

Indo‐Pacific Regional Development Finance Partnership‐‐IndoPAC (FTE Payroll and Support Costs). $9 million authorized from 9/30/2019‐9/3

*Note ‐ Rent includes both overseas housing for FTE and embassy costs

DFC FY21 Admin Budget

4/21/021

Funds Transferred/Collected from Other Federal Agencies