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    Highlights of the ICANNWatch Archive
    (June 1999 - March 2001)


     
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    ".travel" Sold | Log in/Create an Account | Top | 58 comments | Search Discussion
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    .SMM $$$ Send.More.Money $$$ .SMM
    by Anonymous on Wednesday May 18 2005, @06:10AM (#15288)
    http://www.icann.org/financials/proposed-budget-17 may05.html#Litigation

    Regional Internet Registries

    With the execution of the MoU between the NRO and ICANN, it was expected that the RIRs would release fees that have been held in escrow. However, since the execution of the MoU, the RIRs have not released funds. ICANN is working with each RIR to reach an agreement and release funds. ICANN's independent auditors, recognizing the risk to revenue receipts, have required ICANN to make note of the shortfall in its financial statements.

    In fiscal year 2004-05, based upon discussions with an RIR representative, ICANN budgeted RIR contributions equal to 10% of the previous year's budget. The predicted contributions of $823K represented a 54% increase over the previous year's budget. In fiscal year 2005-06, ICANN has asked for the same amount.

    Finally, it is important to note the RIRs provide funding to ASO meetings, staff support for the ASO, and travel and attendance at the ICANN meetings.
    [ Reply to This | Parent ]


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