IV. 

BUDGET 

AND SPENDING 
 

BUDGET AND SPENDING 

FDIC Operating Budget 

The FDIC segregates its corporate operating budget and expenses into three separate 

components: ongoing operations, receivership funding, and the Office of Inspector General 

(OIG). The receivership funding component represents expenses resulting from financial 

institution failures and is, therefore, largely driven by external forces and is less controllable 

and estimable. FDIC operating expenditures totaled $1.9 billion in 2021, including $1.8 billion 

in ongoing operations, $41 million in receivership funding, and $40 million for the OIG. This 

represented approximately 87 percent of the approved budget for ongoing operations, 23 

percent of the approved budget for receivership funding, and 90 percent of the approved 

budget for the OIG for the year. 

The approved 2022 FDIC Operating Budget of approximately $2.3 billion consists of $2.1 billion 

for ongoing operations, $75 million for receivership funding, and $47 million for the OIG. The 

level of approved ongoing operations budget for 2022 is approximately $82 million (4 percent) 

higher than the 2021 ongoing operations budget, while the approved receivership funding 

budget is $100 million (57 percent) lower than the 2021 receivership funding budget. The 2022 

OIG budget is $2 million (5 percent) higher than the 2021 OIG budget. 

As in prior years, the 2022 budget was formulated primarily on the basis of an analysis of 

projected workload for each of the Corporation’s three major business lines and its program 

support functions. The total proposed operating budget is $16 million (0.7 percent) lower than 

the 2021 FDIC Operating Budget, largely due to the elimination of the increased contingency 

reserves approved by the Board for 2021 to ensure the FDIC’s readiness to be able to respond 

quickly to potential supervisory or resolutions issues related to the ongoing pandemic. 

FDIC EXPENDITURES 

Dollars in Millions 

$2,500

$2,000

$1,500

$1,000

$500

$0

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

FEDERAL DEPOSIT INSURANCE CORPORATION ANNUAL REPORT   
BUDGET AND SPENDING 

The FDIC’s Strategic Plan and Annual Performance Plan provide the basis for annual planning 

and budgeting for needed resources. The 2021 aggregate budget (for ongoing operations, 

receivership funding, OIG, and investment spending) was $2.31 billion, while actual 

expenditures for the year were $1.9 billion, about $15 million higher than 2020 expenditures. 

‚TM‚f BUDGET AND EXPENDITURES BY PROGRAM 

Dollars in Millions 

$1,200 

$900 

$600 

$300 

$0 

Supervision Receivership Insurance General and 

and Consumer Management Program Administrative 

Protection Program 

Program 

Budget Expenditures 

2021 Budget and 

Expenditures by Program 

(EXCLUDING INVESTMENTS) 

The FDIC corporate operating budget for 2021 totaled approximately $2.3 billion. Budget 

amounts were allocated as follows: $1.18 billion or 52 percent, to the Supervision and 

Consumer Protection program; $421 million or 18 percent, to the Receivership Management 

program; $373 million, or 16 percent, to the Insurance program; and $303 million, or 

13 percent, to Corporate General and Administrative expenditures. 

Actual expenditures for the year totaled $1.9 billion. Actual expenditures occurred as follows: 

$1.1 billion, or 58 percent, to the Supervision and Consumer Protection program; $227 million, 

or 12 percent, to the Receivership Management program; $316 million, or 17 percent, to the 

Insurance program; and $243 million, or 13 percent, to Corporate General and Administrative 

expenditures. 

FEDERAL DEPOSIT INSURANCE CORPORATION ANNUAL REPORT  ¥
 

BUDGET AND SPENDING 

Investment Spending 

The FDIC instituted a separate Investment Budget in 2003 to provide enhanced governance 

of major multi-year development efforts. It has a disciplined process for reviewing proposed 

new investment projects and managing the construction and implementation of approved 

projects. Proposed IT projects are carefully reviewed to ensure that they are consistent 

with the FDIC’s enterprise architecture. The project approval and monitoring processes also 

enable the FDIC to be aware of risks to the major capital investment projects and facilitate 

appropriate, timely intervention to address these risks throughout the development process. 

An investment portfolio performance review is provided to the FDIC’s Board of Directors on a 

quarterly basis. From 2012-2021 investment spending totaled $125 million, and is estimated at 

$9 million for 2022. 

INVESTMENT SPENDING 

Dollars in Millions 

$25

$15

$5

$10

$20

$0

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

FEDERAL DEPOSIT INSURANCE CORPORATION ANNUAL REPORT