[ALAC] Briefing note: Use of gTLD Auction Proceeds for ICANN Reserve

Thu Oct 26 07:05:08 UTC 2017

+1 Seun.

Rinalia

On Thu, 26 Oct 2017 at 7:52 AM, Seun Ojedeji <seun.ojedeji at gmail.com> wrote:

> Well no decision is made yet on the percentage to allot to fund the
> reserve. While we must not necessarily agree on the limit, I will suggest
> we do so.
>
> More importantly because I do have a feeling that an operational and
> financial buoyant ICANN will be in the interest of At-large than having
> significant part of the auction funds expended on one of project (which by
> the way may be very competitive and may not really have direct win for
> AtLarge folks). Its one of the reason I would support up to a 20%
>
> Regards
>
> On Thu, Oct 26, 2017 at 10:12 AM, Judith Hellerstein <
> judith at jhellerstein.com> wrote:
>
>> Hi Seun,
>> As explained by either Xavier or Sam Eisner using some of the funds for
>> the reserve is legal however, people on the group at least at the time they
>> made the presentation  felt that while not illegal sends the wrong message
>> and so they preferred not to do it. Also the consensus from the call and
>> the survey taken by members and participants felt that any amount going to
>> replenish the reserve be under 10%. I for one agree with that as the people
>> who spoke about this made a very good case.  Interested to hear what others
>> have to say, but as I and Maureen said the group has moved passed this
>> point many months ago and is now discussing the frameworks on how the
>> structure that manages the money and gives the grants will function. Since
>> we are no longer discussing this issue, I do not think it is fair for us to
>> argue on this anymore. We need to focus on the issues now being discussed
>>
>> Happy to discuss this with you and others
>>
>> Judith
>>
>> Sent from my iPad
>> judith at jhellerstein.com
>> Skype ID:JudithHellerstein
>>
>> On Oct 25, 2017, at 6:17 PM, Alan Greenberg <alan.greenberg at mcgill.ca>
>> wrote:
>>
>> Thanks Seun.
>>
>> There is no question of the "legality" of ICANN using the auction find to
>> top up the reset. Or at least I have never heard mention of such a concern.
>>
>> Whether operating costs are reasonable and justified is an ongoing issue.
>> It might be addressed in the current public comment, or in the one to be
>> opened on the FY19 Plan and Budget.
>>
>> Alan
>>
>>
>> On October 25, 2017 4:49:51 AM GMT+01:00, Seun Ojedeji <
>> seun.ojedeji at gmail.com> wrote: Hello Alan,
>> On the assumption that ICANN can legally use part of the proceeds to fund
>> reserve, I'd be also can live with up to a 20% of whatever is the
>> accessible amount of the AP.
>> However on a related note, I do personally think ICANN operating cost is
>> quite on the high side in the first place and while effort is being made to
>> get a 1 year reserve, i will be interested to know how much effort the
>> Board is putting on 2 specific items:
>> 1. Avoid continuous increase on the operating cost which could then make
>> a year target meaningless.
>> 2. Minimize operating cost as much as possible (of course without
>> affecting the SO/AC part of things) so a 1 year reserve could end up
>> sufficient for many more months when the need arises.
>> Regards
>> Sent from my mobile Kindly excuse brevity and typos
>> On Oct 25, 2017 2:07 AM, "Alan Greenberg" <alan.greenberg at mcgill.ca >
>> wrote: This is a briefing note in preparation for the discussion in
>> AbuDhabi current scheduled for 9:30 am, local time, on Sunday.
>> As is common for non-profit organizations, and particularly ones where
>> their income or expenses might be subject to unexpected fluctuations, ICANN
>> maintains a "Reserve Fund" to allow it to cover unexpected expenses or
>> below expectations income. Currently the target for the fund is one year's
>> regular expenses, but due to unexpected expenses (primarily associated with
>> the IANA transition and accountability exercise), it is below that. There
>> is an open Public Comment where you can find out more about the fund -
>> https://community.icann.org/x/GJNEB.
>> It has been suggested that some portion of the proceeds of the new gTLD
>> Auctions (currently about $235m, although there is some chance it could be
>> as low as $105m) be used to help build back the reserve.
>> Excluding this possibility, the target use of the Auction Funds will be
>> projects that are aligned with ICANN's mission and enhance the Internet
>> (wording still under debate).
>> This brief discussion will be to solicit thoughts on whether this would
>> be a good idea or not.
>> Alan
>> _______________________________________________ ALAC mailing list
>> ALAC at atlarge-lists.icann.org
>> https://atlarge-lists.icann.org/mailman/listinfo/alac
>>
>> At-Large Online: http://www.atlarge.icann.org ALAC Working Wiki:
>> https://community.icann.org/display/atlarge/At-Large+Advisory+Committee+(ALAC)
>>
>> _______________________________________________
>> ALAC mailing list
>> ALAC at atlarge-lists.icann.org
>> https://atlarge-lists.icann.org/mailman/listinfo/alac
>>
>> At-Large Online: http://www.atlarge.icann.org
>> ALAC Working Wiki:
>> https://community.icann.org/display/atlarge/At-Large+Advisory+Committee+(ALAC)
>>
>>
>> _______________________________________________
>> ALAC mailing list
>> ALAC at atlarge-lists.icann.org
>> https://atlarge-lists.icann.org/mailman/listinfo/alac
>>
>> At-Large Online: http://www.atlarge.icann.org
>> ALAC Working Wiki:
>> https://community.icann.org/display/atlarge/At-Large+Advisory+Committee+(ALAC)
>>
>
>
>
> --
> ------------------------------------------------------------------------
>
>
>
>
>
> *Seun Ojedeji,Federal University Oye-Ekitiweb:
> http://www.fuoye.edu.ng <http://www.fuoye.edu.ng> Mobile: +2348035233535**alt
> email: <http://goog_1872880453>seun.ojedeji at fuoye.edu.ng
> <seun.ojedeji at fuoye.edu.ng>*
>
> Bringing another down does not take you up - think about your action!
>
>
> _______________________________________________
> ALAC mailing list
> ALAC at atlarge-lists.icann.org
> https://atlarge-lists.icann.org/mailman/listinfo/alac
>
> At-Large Online: http://www.atlarge.icann.org
> ALAC Working Wiki:
> https://community.icann.org/display/atlarge/At-Large+Advisory+Committee+(ALAC)
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://atlarge-lists.icann.org/pipermail/alac/attachments/20171026/8c3f7532/attachment.html>