[Gnso-sc-budget] Action Required - 21 Jan 2018 - SCBO Meeting - 14:00 UTC

[Xavier J. Calvez]

All,
Regarding Stephanie’s question below: Presuming that I understand well the question, I believe we have 3 main possible actions to mitigate a decrease in funding:

  *   Offset the reduction by cutting costs.
  *   Using the budget contingency, presuming we have any left, as an offset to the funding reduction. The contingency is an envelope of budgeted expenses unallocated to any specific purpose, available at the beginning of the year, and is consumed if and when unexpected needs are identified.
  *   Using the Reserve Fund. This is a solution to “buy time”. It does not address the issue of a structural decrease in funding.

Thank you.

Best,

Xavier

Xavier Calvez
ICANN – SVP & CFO
12025 Waterfront Drive, Suite 300
Los Angeles, CA 90094
Phone:   310-301-5838
Mobile:  805-312-0052
Fax:        310-957-2348

From: Gnso-sc-budget <gnso-sc-budget-bounces at icann.org> on behalf of Berry Cobb <mail at berrycobb.com>
Date: Thursday, February 1, 2018 at 5:38 PM
To: "gnso-sc-budget at icann.org" <gnso-sc-budget at icann.org>
Subject: [Gnso-sc-budget] Action Required - 21 Jan 2018 - SCBO Meeting - 14:00 UTC

Xavier, Becky and All,

From our meeting on 21 January, one question was asked by Stephanie in the AC chat for which we did not have time to address.  Could you provide a response at your earliest convenience?

I recall the context during the summary presentation when it was mentioned in the draft FY19 ICANN Budget where funding growth is stagnating and in response, expenses were being adjusted to avoid exceeding funding targets.

Stephanie Perrin: if funding actually decreases, is there sufficient flex for risk management?
Stephanie Perrin: Perhaps someone could read our questions?  I am wondering how the reserve is doing....
Stephanie Perrin: Just in case revenue growth continues to fall


Thank you.

B

Berry A. Cobb
720.839.5735
mail at berrycobb.com<mailto:mail at berrycobb.com>
@berrycobb

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