[At-Large] ICANN financials
cintra.sooknanan at gmail.com
Thu Apr 14 09:47:12 UTC 2011
There are too many unknown or dummy figures rolling about, propagation of
which will further question the legitimacy of ICANN.
I believe this highlights the need to get defined costing for each phase of
the new gTLD process, rather than a lump sum at the beginning.
On Thu, Apr 14, 2011 at 4:21 AM, Christian de Larrinaga
<cdel at firsthand.net>wrote:
> >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?
> 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
> >> $65.77 million, an increase from the the $60.23 million reported for
> >> 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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