ICANN Resolutions » 2005-07-15 - Adoption of ICANN Budget for Fiscal Year 2005-2006
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Board approves Fiscal Year 2005-2006 Budget.
Whereas, ICANN Bylaws Article XVI, Section 4 provides that "At least forty-five (45) days prior to the commencement of each fiscal year, the President shall prepare and submit to the Board, a proposed annual budget of ICANN for the next fiscal year, which shall be posted on the Website. The proposed budget shall identify anticipated revenue sources and levels and shall, to the extent practical, identify anticipated material expense items by line item. The Board shall adopt an annual budget and shall publish the adopted Budget on the Website."
Whereas, on 17 May 2005, in accordance with the ICANN Bylaws, ICANN posted its Proposed Budget for fiscal year 2005-2006.
Whereas, the posted Proposed Budget was developed through a series of consultations with ICANN constituencies, the Budget Advisory Group, and the ICANN Board Finance Committee.
Whereas, the Finance Committee of the Board has reviewed the Proposed Budget, and has found that its adoption is in the best interests of ICANN.
Whereas, the community consultation process has also made it clear that there are categories of expenditures that remain under discussion within the ICANN community, particularly support for the creation of a new non-profit organization to facilitate DNSSEC deployment; spending from segregated funds (with the exception of funding for the Technical Standing Panel, and initiatives on IDN and registry failover); and the establishment of new regional offices.
Resolved (05.[A]), the ICANN Board adopts the proposed budget as the annual budget of ICANN for the fiscal year 2005-2006.
Resolved (05.[B]), the President and Staff are hereby authorized to continue collaboration with the various constituencies to finalize the appropriate mechanisms and model for collecting the needed revenue levels.
Resolved (05.[C]), the ICANN Board wishes to clarify that any expenditure on competition initiatives is intended only for the gTLD environment, and that expenditure for support of bottom-up addressing policy development is limited to the global policy level.
Resolved (05.[D]), the Board Finance Committee is requested to itemize the expenditures in the expense categories still under discussion, including those in Resolution (05.[C]) above in order to ensure that such expenditures will continue only at the run rate from fiscal year 2004-2005 while community discussions continue.