IV. FDIC BUDGET AND 

SPENDING

83

IV.

FDIC Budget 

and Spending
FDIC BUDGET AND SPENDING 85

CORPORATE 

OPERATING BUDGET

The FDIC segregates its corporate operating 

budget and expenses into two discrete components: 

ongoing operations and receivership funding. The 

receivership funding component represents expenses 

resulting from financial institution failures and is, 

therefore, largely driven by external forces, while the 

ongoing operations component accounts for all other 

operating expenses and tends to be more controllable 

and estimable. Corporate Operating expenses totaled 

$2.1 billion in 2015, including $1.7 billion in 

ongoing operations and $0.4 billion in receivership 

funding. This represented approximately 93 percent 

of the approved budget for ongoing operations and 

78 percent of the approved budget for receivership 

funding for the year.4

The Board of Directors approved a 2016 Corporate 

Operating Budget of approximately $2.2 billion, 

consisting of $1.8 billion for ongoing operations and 

$0.4 billion for receivership funding. The level of 

the approved ongoing operations budget for 2016 

is approximately $17 million (0.9 percent) higher 

than the 2015 ongoing operations budget, while 

the approved receivership funding budget is roughly 

$125 million (23.8 percent) lower than the 2015 

receivership funding budget.

As in prior years, the 2016 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 

most significant factor contributing to the decrease 

in the Corporate Operating Budget is the improving 

health of the industry and the subsequent reduction 

in failure-related workload. Although savings in this 

area are being realized, the 2016 receivership funding 

budget provides resources for contractor support as 

well as nonpermanent staffing for DRR, the Legal 

Division, and other organizations, should workload in 

these areas require an immediate response.

4 The numbers in this paragraph will not agree with the DIF and FRF financial statements because of differences in how 

items are classified.

FDIC EXPENDITURES 2006–2015

Dollars in Millions

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

$0
86 FEDERAL DEPOSIT INSURANCE CORPORATION

2015 BUDGET AND 

EXPENDITURES BY PROGRAM

(Excluding Investments)

The FDIC budget for 2015 totaled $2.3 billion. 

Budget amounts were allocated as follows: $1.023 

billion or 44.1 percent, to the Supervision and 

Consumer Protection program; $749 million, or 32.3 

percent, to the Receivership Management program;

$322 million, or 13.9 percent, to the Insurance 

program; and $225 million, or 9.7 percent, to 

Corporate General and Administrative expenditures.

Actual expenditures for the year totaled $2.1 

billion. Actual expenditures amounts were allocated 

as follows: $964 million, or 46.3 percent, to the 

Supervision and Consumer Protection program; 

$629 million, or 30.2 percent, to the Receivership 

Management program; $297 million, or 14.3 percent, 

to the Insurance program; and $194 million, or 9.3 

percent, to Corporate General and Administrative 

expenditures.

2015 BUDGET AND EXPENDITURES BY PROGRAM

(including Allocated Support) 

Dollars in Millions

Receivership

Management

Program

Insurance

Program

Supervision

and Consumer

Protection 

Program

General and

Administrative

$1,200

Budget

$900

$600

$300

$0

Expenditures
FDIC BUDGET AND SPENDING 87

INVESTMENT SPENDING 2006 - 2015

Dollars in Millions

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

$25

$15

$5

$10

$20

$30

$0

INVESTMENT SPENDING

The FDIC instituted a separate Investment Budget in 

2003 to provide enhanced governance of major multiyear 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 Corporation’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 2006–2015 investment spending totaled $149 

million, and is estimated at $9 million for 2016.