- Category: (replace this text with one of the following categories: Administration/Budget, Board, ccTLD, gTLD, IP, ICANN Structure, International Agreement, Root Zone)
- Topic: (replace this text with a keywords from title)
- Board meeting date: 10 February 2000
- Resolution number: 00.8, 00.9
- URL for Board minutes/resolution: http://www.icann.org/en/minutes/minutes-10feb00.htm
- Status: (replace this text with: Completed, Ongoing, Suspended)
Summary
(replace this text with the a one-sentence summary of the resolution)
Text
RESOLVED [00.8] that the budget approved in resolution 99.55 is revised to conform with Exhibit A hereto.
RESOLVED [00.9] that the President is authorized and directed to implement and carry out the budget as revised.
Implementation Actions
- (replace this text with specific Action Item)
- Responsible entity: (replace this text with the responsible entity: ICANN department, ICANN Community Structure, Board, U.S. Department of Commerce)
- Due date: (replace this text with Due Date)
- Completion date: (replace this text with Date action was implemented)
- (replace this text with specific Action Item)
- Responsible entity: (replace this text with the responsible entity: ICANN department, ICANN Community Structure, Board, U.S. Department of Commerce)
- Due date: (replace this text with Due Date)
- Completion date: (replace this text with Date action was implemented)
Other Related Resolutions
- (replace this text with links to related resolutions)
Additional Information
- (replace this text with any additional notes related to this resolution, i.e. funding considerations)
- "Mr. Roberts presented a report on the Corporation's financial condition at December 31, 1999 (mid-way through the 1999-2000 fiscal year) and on management's plans for formulation of the Corporation's budget for the 2000-2001 fiscal year. He described several changed circumstances since the budget was originally adopted at the Board's meeting in Berlin on May 27, 1999, including the agreements reached with Network Solutions regarding NSI registry and registrar payments to ICANN, implementation of the recommendations of the Task Force on Funding, and continued success in controlling expenses during the startup and transition period. The net effects of these changes are a projected reduction in FY99-00 total revenue of $675,000 from the May budget, a reduction of $910,000 in projected expense, and a corresponding increase in projected contribution to debt repayment and reserves of $235,000. The President recommended that the adjusted budget projections be adopted as a midyear revision of the budget, and that they become the basis for the initiation of the budget process for FY00-01.
Upon motion duly made and seconded, the Board unanimously adopted the following resolutions:...