[At-Large] ICANN financials

[Christian de Larrinaga]

>From a $9m conceivable ceiling to $66m in receipts within eight years? That really needs looking into. Does At Large have the wherewithal to lead on that?


Christian

On 14 Apr 2011, at 00:05, Karl Auerbach wrote:

> On 04/13/2011 03:39 PM, Joly MacFie wrote:
> 
>> For fiscal 2010, ICANN's revenues from its core operations were reported at
>> $65.77 million, an increase from the the $60.23 million reported for fiscal
>> 2009. ICANN was able to grow revenues from Internet Registries to $31.91
>> million up from $24.54 million in 2009.
> 
> When I was on the board the projected estimate of the highest budget 
> that ICANN could ever reach, ever was $9million(US), and that was to be 
> a transient high with the ongoing rate being significantly lower.
> 
> The difference between that projection - $9million - and the actual - 
> $66million - is on the order of 733%.  Evening considering inflation 
> over the last 8 years, that is a rate of growth - mission creep, job 
> expansion - that is not only amazing but highly suggestive of a 
> regulatory body that is suffering cancerous growth and terribly out of 
> control.
> 
> And we ought not to forget that even these numbers represent a mere 
> shadow of the dollar amounts that come from the ungrounded, fiat 
> registry fees that are collected (and kept) by Verisign and the other 
> registries - an amount that is on the order of a $Billion (yes 
> "b"illion) each year.
> 
> And they say there are no taxes on the internet.  Yeah, right.
> 
> 	--karl--
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