|2006||$93 Million Actual Obligations — Increased Staff by 6|
|2007||$98 Million Actual Obligations — Decreased Staff by 56|
|2008||$111 Million Actual Obligations — Increased Staff by 12|
|2009||$146 Million Actual Obligations — Increased Staff by 49|
|2010||$168 Million Actual Obligations — Increased Staff by 107|
|1 In FY 2007, CFTC had 437 FTEs which was a historic low. (back to text)
2 Staffing is climbing back from historic lows. In FY 2010, CFTC had 605 FTEs (682 on-board). (back to text)
In FY 2010, the Commission invested $13 million or eight percent of its resources to meet the increased demand for office space to house new employees at each of its locations. This effort is required to accommodate budget projections which would more than double the CFTC staff over four years. The Commission is doing everything possible to ensure adequate, cost effective and efficient space for CFTC staff and operations.
The CFTC has reworked its leases in Washington, D.C. and Chicago to expand the size of its space, extend the terms of the leases, and renegotiate pricing in its favor. A new landlord and location were selected to permit the Kansas City office to expand. The Commission is currently engaged in a procurement effort to expand its space footprint in New York by fifty percent. The New York lease is set to expire in 2012.
Management continuously monitors space conditions and the specific timing and proposed location of each new hire. The Commission is making use of every square foot of space and has used less than ideal space to temporarily house staff as construction occurs within existing space. However, as the need arises, to ensure worker efficiency, the Commission may lease temporary office space or look to other management options, such as expanded telework arrangements to permit office sharing. As the need for interim solutions arises, management staff will work thorough the divisions and offices to achieve the best short-term solutions.
In FY 2010, the Commission invested $31 million or 19 percent of its resources to continue its focus on enhancing the Commission’s technology to keep pace with the futures marketplace by implementing:
Performance measures are rated as: Exceeded, Met, Not Met, or Results not Demonstrated.
The chart below shows that the number of targets that were met or exceeded decreased nine percent over the FY 2009 results. This is due in part to a significant number of staffing resources that were reallocated from current authorities towards preparing for and implementing the new authorities under the Dodd-Frank Act in the last two quarters of the fiscal year.
|Fiscal Year||Met/Exceeded||Not Met||Results Not