May 20, 2004
5:03 p.m.
I reread again and again the document and talking with my colleagues we realized that the real problem is not how to finance...the real problem is the budget itself....100% increase and the biggest part of the increase is paid by the registars :-(
all other parties have a "increase cap" in their contracts. Since the registrars have no cap in their contract and thus are the only place increases can be asorbed from. If the registrars had a increase cap in their contract then icann would have an effective cap on the budget growth. Its time we re-negoiate our contracts.... -rick