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--