Note 1: ICANN Reserve Fund & ICANN Draft FY21-25 Operating & Financial Plan

[ISOC SVG]

Thank you for the clarification.

On Sun, 22 Dec 2019 at 11:04 AM, Sam Lanfranco <lanfran at yorku.ca> wrote:

> Hi Roxanne John.
>
> Sorry something looked ambiguous there. I was simply conveying what the
> Finance people had said and put in the spreadsheet. The spreadsheet says
> that replenishment come from annual operating revenues and nothing more
> will come from the new gTLD auction proceeds.
>
> As acting Chair is would not be my place to insert my views in what are
> intended as postings to help understand the Operating and Financial plans.
>
> I will say that I personally would oppose any further use of the new gTLD
> auction proceeds was not based on the Mechanism, processes and priorities
> that come out of the ccWG's working on how to handle the new gTLD auction
> proceeds.
>
> Sam Lanfranco, Acting Chair, NCSG Finance Committee
>
> ---- Original Message ----
> *From*: ISOC SVG <svgigcp at GMAIL.COM>
> *To*: NCSG-DISCUSS at LISTSERV.SYR.EDU
> *Sent*: Sun, Dec 22, 2019, 6:10 AM
> *Subject*: Re: Note 1: ICANN Reserve Fund & ICANN Draft FY21-25 Operating
> & Financial Plan
>
> It appears that the transfer from the gTLD Action Proceed was a one-off
> procedure. Are you suggesting that it should be an annual or more
> systematic transfer?
>
> On Sat, 21 Dec 2019 at 6:32 PM, Sam Lanfranco <lanfran at yorku.ca> wrote:
>
>> Note 1: When appropriate the NCSG Finance Committee will post useful
>> information about the FY21-25 Operating and Financial Plan.
>>
>> ICANN is planning to replenish the ICANN Reserve Fund out of revenues
>> over the next decade. As you will recall ICANN transferred $40 million from
>> the new gTLD auction proceeds to partially replenish the Reserve Fund. That
>> transfer was greeted with displeasure by some. Going forward the FY21-25
>> Operating and Financial Plan intends to contribute $3 million per year to
>> the Reserve Fund, from ICANN revenues, and not from the new gTLD auction
>> proceeds.
>>
>>
>> https://www.icann.org/en/system/files/files/highlights-draft-op-financial-plan-fy21-25-opplan-fy21-20dec19-en.pdf
>>
>> Sam Lanfranco, Acting Chair, NCSG Finance Committee
>>
> --
> Roxanne John
> President, ISOC SVG Chapter
>
>
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>
> --
Roxanne John
President, ISOC SVG Chapter
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