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

[Stephanie Perrin]

Thanks, that is what I thought.  I presume if trends firm up, you may 
take a mid year second look at this approach.....

cheers Stephanie

PS apologies for missing the monday meeting, I am sick as a dog still.  
I hope I did not pass this bug on while in LA....

On 2018-02-07 18:31, Xavier J. Calvez wrote:
>
> 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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