Appendix C: Expenses and Employment at the Board of Governors
| Division, office, or special account | 2008-091(budgeted) | 2008-09 (actual) | 20102(budgeted) | 2010 (actual) | 2011 (budgeted) |
|---|---|---|---|---|---|
| Board Members | 29.4 | 28.5 | 17.1 | 16.1 | 18.6 |
| Secretary | 14.6 | 14.4 | 8.1 | 8.0 | 8.6 |
| Staff Director | 21.4 | 20.9 | 11.3 | 10.9 | 11.6 |
| Research and Statistics | 98.3 | 97.3 | 53.6 | 52.4 | 57.6 |
| International Finance | 37.2 | 34.6 | 19.9 | 18.6 | 22.0 |
| Monetary Affairs | 34.3 | 34.2 | 22.9 | 20.8 | 24.7 |
| Office of Financial Stability Policy & Research | ... | ... | 0.1 | 0.1 | 2.7 |
| Banking Supervision and Regulation | 113.7 | 116.8 | 67.7 | 67.5 | 75.1 |
| Consumer and Community Affairs | 41.8 | 41.8 | 25.9 | 24.6 | 26.5 |
| Legal | 30.5 | 30.3 | 17.7 | 17.5 | 19.7 |
| Reserve Bank Operations and Payment Systems | 64.2 | 59.1 | 32.9 | 31.5 | 35.3 |
| Information Technology | 105.1 | 104.4 | 61.0 | 61.1 | 66.8 |
| Management Division | 155.8 | 157.0 | 90.0 | 87.7 | 107.4 |
| Information Resources Management income account | -44.8 | -45.1 | -28.6 | -29.2 | -28.7 |
| Residual Retirement | 13.3 | 19.8 | 9.9 | 7.7 | 12.9 |
| Special Projects | 14.3 | 16.2 | 11.4 | 20.5 | 14.4 |
| Extraordinary items | 7.3 | 5.5 | 11.0 | 11.1 | 0.5 |
| Total, Board operations | 736.4 | 735.6 | 431.8 | 426.8 | 475.6 |
| Office of Inspector General | 14.0 | 12.4 | 19.2 | 10.6 | 18.0 |
Note: Components may not sum to totals and may not yield percentages because of rounding.
1. 2008-09 budgeted figures include $30.1 million and $1.3 million added to the Board's and the OIG's respective operating budgets during 2009. Return to table
2. During 2010, the Board approved a $6.9 million, or 1.6 percent, increase in the Board's initial operating budget of $444.2 million. Return to table
... Not applicable.
| Account classification | 2008-09 1(budgeted) | 2008-09 (actual) | 2010 2(budgeted) | 2010 (actual) | 2011 (budgeted) |
|---|---|---|---|---|---|
| Personnel services | |||||
| Salaries | 453.5 | 454.4 | 256.8 | 261.9 | 282.3 |
| Retirement | 50.3 | 53.1 | 34.7 | 33.2 | 38.4 |
| Insurance | 38.5 | 44.1 | 23.5 | 22.2 | 26.9 |
| Subtotal | 542.3 | 551.6 | 315.0 | 317.3 | 347.6 |
| Goods and services | |||||
| Travel | 18.9 | 20.4 | 10.3 | 10.5 | 12.9 |
| Postage and shipping | 1.2 | 1.0 | 0.4 | 0.4 | 0.7 |
| Telecommunications | 10.2 | 10.2 | 4.5 | 4.7 | 4.9 |
| Printing and binding | 3.0 | 3.3 | 1.8 | 1.8 | 2.2 |
| Publications | 1.1 | 1.1. | 0.5 | 0.5 | 0.8 |
| Stationery and supplies | 2.9 | 3.1 | 1.4 | 1.4 | 1.6 |
| Software | 15.6 | 15.9 | 9.0 | 8.0 | 10.0 |
| Furniture and equipment | 8.5 | 8.0 | 4.7 | 4.4 | 8.7 |
| Rentals | 5.9 | 6.7 | 7.4 | 7.4 | 10.5 |
| Books and subscriptions | 1.9 | 1.7 | 1.0 | 0.7 | 1.0 |
| Utilities | 8.4 | 8.5 | 4.0 | 4.0 | 4.0 |
| Building repairs and alterations | 4.8 | 5.1 | 2.0 | 1.4 | 3.2 |
| Furniture repairs and maintenance | 3.0 | 3.2 | 2.3 | 2.0 | 2.4 |
| Contingency processing center expenses | 2.4 | 2.4 | 1.3 | 1.3 | 1.3 |
| Contractual professional services 3 | 81.0 | 69.1 | 50.1 | 46.5 | 44.0 |
| Tuition/registration and membership fees | 6.6 | 5.9 | 3.5 | 3.0 | 3.8 |
| Subsidies and contributions | 2.6 | 2.7 | 1.2 | 0.6 | 0.8 |
| Depreciation | 28.9 | 27.5 | 15.8 | 15.8 | 17.4 |
| All other 4 | (12.8) | (11.7) | (4.4) | (4.7) | (2.4) |
| Subtotal | 194.1 | 184.0 | 116.8 | 109.5 | 128.0 |
| Total, Board operations | 736.4 | 735.6 | 431.8 | 426.8 | 475.6 |
| Office of Inspector General | 14.0 | 12.4 | 19.2 | 10.6 | 18.0 |
Note: Components may not sum to total and may not yield percentages shown because of rounding.
1. 2008-09 budgeted figures include $30.1 million and $1.3 million added to the Board's and the OIG's respective operating budgets during 2009. Return to table
2. During 2010, the Board approved a $6.9 million, or 1.6 percent, increase in the Board's initial operating budget of $444.2 million. Return to table
3. Includes contractual professional services for extraordinary items. Return to table
4. All other includes, among other items, income from outside agencies for data processing services, rental income, and transportation subsidy benefits for employees. Return to table
| Division, office, or special account | Position count 1 | ||||
|---|---|---|---|---|---|
| 2008-09 (budgeted) | 2008-09 (ending) | 2010 (budgeted) | 2010 (ending) | 2011 (budgeted) | |
| Board Members | 81 | 86 | 88 | 88 | 89 |
| Secretary | 50 | 51 | 51 | 51 | 51 |
| Staff Director | 48 | 48 | 48 | 48 | 49 |
| Research and Statistics | 285 | 290 | 296 | 296 | 324 |
| International Finance | 115 | 115 | 115 | 115 | 124 |
| Monetary Affairs | 81 | 88 | 95 | 103 | 112 |
| Office of Financial Stability Policy & Research | ... | ... | 0 | 12 | 12 |
| Banking Supervision and Regulation | 253 | 283 | 283 | 283 | 328 |
| Consumer and Community Affairs | 105 | 114 | 120 | 120 | 95 |
| Legal | 80 | 80 | 86 | 86 | 94 |
| Reserve Bank Operations and Payment Systems | 138 | 138 | 138 | 138 | 151 |
| Information Technology2 | 318 | 353 | 353 | 353 | 369 |
| Management DivisionThe count (ending) includes positions for cooperative education, worker trainee, and student aide programs that assist divisions Boardwide and law enforcement personnel. | 487 | 520 | 517 | 517 | 533 |
| Total, Board | 2,041 | 2,166 | 2,190 | 2,210 | 2,331 |
| Office of Inspector General | 37 | 45 | 61 | 65 | 85 |
Note: Includes only those divisions, offices, and special accounts that have authorized position counts.
1. Interns are not included in the numbers for positions or employment. Return to table
2. The count (ending) includes positions that provide reimbursable support to other agencies, such as the Federal Financial Institutions Examination Council. Return to table
... Not applicable.
