Alan:

I was checking the main meeting schedule and could not find this meeting on Sunday. Can you confirm where and when is this happening? I am interested in hearing this discussion.

-ed

On Tue, Oct 24, 2017 at 6:07 PM Alan Greenberg <alan.greenberg@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@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)