ICANN Resolutions » 2001-06-04 - Approval of 2001-2002 Budget

Important note: The Board Resolutions are as reported in the Board Meeting Transcripts, Minutes & Resolutions portion of ICANN's website. Only the words contained in the Resolutions themselves represent the official acts of the Board. The explanatory text provided through this database (including the summary, implementation actions, identification of related resolutions, and additional information) is an interpretation or an explanation that has no official authority and does not represent the purpose behind the Board actions, nor does any explanations or interpretations modify or override the Resolutions themselves. Resolutions can only be modified through further act of the ICANN Board.

2001-06-04 - Approval of 2001-2002 Budget

Resolution of the ICANN Board
2001-2002 Budget

Board approves Fiscal Year 2001-2002 Budget.

Administration and Budget
Meeting Date: 
Mon, 4 Jun 2001
Resolution Number: 
01.63, 01.64
Implementation Actions: 
  • Implement budget and inform Board of variances.
    • Responsible entity: ICANN Officers
    • Due date: None provided
    • Completion date: 2001
Resolution Text: 

Whereas, ICANN's bylaws require that the President shall prepare and submit to the Board a proposed annual budget of the Corporation for the next fiscal year;

Whereas, the President, with the endorsement of the Finance Committee and with the assistance of the Budget Advisory Group, has followed an open and consultative process in developing the budget, including posting of a preliminary budget on 19 February 2001, posting of a proposed budget on 14 May 2001, submission of comments through an on-line comment forum, and a budget presentation and discussion at the ICANN Public Forum in Stockholm on 3 June 2001;

Whereas, the Board has carefully considered the comments received;

Whereas, the President has submitted to the Board a proposed budget prepared through that consultative process for FY01-02, commencing 1 July 2001 (the "Proposed Budget");

Whereas, the Board has reviewed the Proposed Budget and has found that its adoption is in the best interest of the Corporation;

Resolved [01.63] that the Proposed Budget is hereby adopted as the annual budget of the Corporation for the fiscal year beginning 1 July 2001 (as adopted, the "Budget"); and

Further resolved [01.64] that the President is authorized and directed to implement and carry out the Budget and is directed to inform the Board of material variances from the Budget.

Additional Information: 
  • Funding provided as indicated in Fiscal Year 2001-2002 Budget.