FDIC OIG: Audiit Report 05-032 (Table 7) - Follow-up Evaluation of the FDIC's Corporate Planning Cycle, September, 2005

Table 7: Excerpts From the 2005 Planning and Budget Guidance

Development of Baseline Operating Budgets

DOF will develop baseline operating budgets for each FDIC organization. Baseline budgets will generally be based on actual 2004 spending, with adjustments for projected 2005 inflation where appropriate (4.3% for salaries and benefits costs, 1.5% for non-compensation costs).

2005 Goals and Objectives

An APP target/indicator will be submitted by DSC on supervisory efforts to address money laundering, terrorism, and related threats. DSC will also submit an APP target/indicator on the FDIC’s large bank and Basel-related activities. The 16 high-level CPOs are tentatively affirmed to continue in 2005, although divisions and offices may propose changes in those objectives in their 2005 planning/budget submissions.

Source: 2005 Planning and Budget Formulation Guidelines.