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Note 14. Intra-governmental Cost and Exchange Revenue by Goal

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As required by GPRA, the Commission’s reporting has been aligned with the following major goals presented in the 2007 – 2012 CFTC Strategic Plan.

  1. Ensure the Economic Vitality of the Commodity Futures and Option Markets;
  2. Protect Market Users and the Public;
  3. Ensure Market Integrity in Order to Foster Open, Competitive, and Financially Sound Markets; and
  4. Facilitate Commission Performance Through Organizational and Management Excellence, Efficient Use of Resources, and Effective Mission Support.

The Net Cost of Operations is derived from transactions between the Commission and public entities, as well as with other Federal agencies. Certain FY 2008 amounts have been reclassified to conform to the FY 2009 presentation. The details of the intra-governmental costs and revenues, as well as those with the public, are as follows:

Intra-governmental and Public Costs and Revenues For Fiscal Years 2009 and 2008
  2009 2008

GOAL 1: ENSURE THE ECONOMIC VITALITY OF THE COMMODITY FUTURES AND OPTION MARKETS
Intragovernmental Gross Costs $7,061,197 $5,652,064
Less: Earned Revenue (12,591) (5,062)
Intragovernmental Net Cost of Operations $7,048,606 $5,647,002
Gross Costs with the Public $33,683,882 $26,023,059
Less: Earned Revenue (19,018) (15,182)
Net Cost of Operations with the Public $33,664,864 $26,007,877
TOTAL NET COST OF OPERATIONS – GOAL ONE $40,713,470 $31,654,879

GOAL 2: PROTECT MARKET USERS AND THE PUBLIC
Intragovernmental Gross Costs $5,238,953 $4,521,651
Less: Earned Revenue (9,342) (4,049)
Intragovernmental Net Cost of Operations $5,229,611 $4,517,602
Gross Costs with the Public $24,991,267 $20,818,447
Less: Earned Revenue (14,110) (12,146)
Net Cost of Operations with the Public $24,977,157 $20,806,301
TOTAL NET COST OF OPERATIONS – GOAL TWO $30,206,768 $25,323,903

GOAL 3: ENSURE MARKET INTEGRITY IN ORDER TO FOSTER OPEN, COMPETITIVE, AND FINANCIALLY SOUND MARKETS
Intragovernmental Gross Costs $5,238,953 $4,333,249
Less: Earned Revenue (9,342) (3,881)
Intragovernmental Net Cost of Operations $5,229,611 $4,329,368
Gross Costs with the Public $24,991,267 $19,951,012
Less: Earned Revenue (14,110) (11,639)
Net Cost of Operations with the Public $24,977,157 $19,939,373
TOTAL NET COST OF OPERATIONS – GOAL THREE $30,206,768 $24,268,741

GOAL 4: FACILITATE COMMISSION PERFORMANCE THROUGH ORGANIZATIONAL AND MANAGEMENT EXCELLENCE, EFFICIENT USE OF RESOURCES, AND EFFECTIVE MISSION SUPPORT
Intragovernmental Gross Costs $5,238,953 $4,333,249
Less: Earned Revenue (9,342) (3,881)
Intragovernmental Net Cost of Operations $5,229,611 $4,329,368
Gross Costs with the Public $24,991,267 $19,951,012
Less: Earned Revenue (14,110) (11,639)
Net Cost of Operations with the Public $24,977,157 $19,939,373
TOTAL NET COST OF OPERATIONS – GOAL FOUR $30,206,768 $24,268,741
NET COST OF OPERATIONS $131,333,774 $105,516,264