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Re: [nc-budget] NC meeting Feb 8


Erica, sorry if the options as stated were unclear.
 
Option 1: the previous proposal (= 2001 budget less voluntary shared by 7)
This is what the Budget Committee (BC) proposed. The 2001 budget ($227,600 - Voluntary $120,000 = $107,600) / 7 = $15,371. Surplus from 1999,2000 goes to reserves (Note: The BC assumed the surplus was circa $35,000 but Louis's 24 January 2001 figures imply a surplus of $27,947).
 
 
Option 2: a new proposal (=2001 budget less voluntary less surplus of subs 1999 and 2000 RECEIVED as at 31 Jan 2001 shared by 7).
This option carries over the actual reserves. It would be $107,600 - $27,947 / 7 = $11,379
 
Option 3: a new proposal (=2001 budget less voluntary less surplus of subs 1999 and 2000 REQUESTED shared by 7).
This option assumes all subs for 1999 and 2000 will be paid. It would be $107,600 - $68,450 / 7 = $5593.
 
 
Giving these options to the NC will help shape the debate and I would invite the Budget Committee to provide its opinion on each option (advantages / disadvantages).
 
 
Separately, the BC could propose what Erica suggests as a special procedure (but I know this will be strongly resisted by some NC members). Is this best coming as  a proposal together with a proposal for sanctions  that the BC aired last time ?
 
(In the meantime as NC Chair I will ask for a formal response from defaulting constituencies of intent to pay.)
 
 
 
Philip.
 
 


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